Margin Reference Benchmark Rates

Reference Benchmark Rates


IBKR's benchmark for each currency is the reference rate around which our credit, debit, stock loan and other interest rate linked calculations are determined. IBKR uses a combination of internationally recognized reference rates (such as Fed Funds), bank deposit rates, and dynamic interbank rates determined from foreign exchange and money markets to calculate an IBKR Reference Benchmark rate.

For more information about IBKR Reference Benchmark, visit the IBKR Knowledge Base.

For information regarding the various external reference rates that contribute to the IBKR Reference Benchmark rate see Benchmark Interest Calculation Reference Rate Descriptions.


CurrencyDescription for Effective Date 20240326 Rate Effective Date
USD
Reference Benchmark USD
5.330%
20240326
AED
Reference Benchmark AED
5.242%
20240326
AUD
Reference Benchmark AUD
4.466%
20240326
BGN
Reference Benchmark BGN
3.800%
20240326
BRL
Reference Benchmark BRL
10.650%
20240326
CAD
Reference Benchmark CAD
4.876%
20240326
CHF
Reference Benchmark CHF
1.364%
20240326
CNH
Reference Benchmark CNH
5.203%
20240326
CZK
Reference Benchmark CZK
5.927%
20240326
DKK
Reference Benchmark DKK
3.557%
20240326
EUR
Reference Benchmark EUR
3.952%
20240326
GBP
Reference Benchmark GBP
5.246%
20240326
HKD
Reference Benchmark HKD
4.714%
20240326
HUF
Reference Benchmark HUF
8.752%
20240326
ILS
Reference Benchmark ILS
4.399%
20240326
INR
Reference Benchmark INR
6.830%
20240326
JPY
Reference Benchmark JPY
(0.124)%
20240326
KRW
Reference Benchmark KRW
3.500%
20240326
MXN
Reference Benchmark MXN
10.962%
20240326
NOK
Reference Benchmark NOK
4.342%
20240326
NZD
Reference Benchmark NZD
5.345%
20240326
PLN
Reference Benchmark PLN
5.567%
20240326
RON
Reference Benchmark RON
5.928%
20240326
RUB
Reference Benchmark RUB
15.500%
20240326
SAR
Reference Benchmark SAR
5.817%
20240326
SEK
Reference Benchmark SEK
3.968%
20240326
SGD
Reference Benchmark SGD
3.931%
20240326
TRY
Reference Benchmark TRY
44.429%
20240326
ZAR
Reference Benchmark ZAR
8.206%
20240326
Prior Period Benchmark Rates

IBKR accrues interest daily and posts actual interest monthly on the third business day of the following month. For detailed examples on how we calculate interest, open the Interest Paid to You and Interest Rates Charged to You on Margin Loan Balances sections on this page.


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