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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 LIBOR and 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 click here.

For information regarding the various external reference rates that contribute to the IBKR Reference Benchmark rate click here.


CurrencyDescription for Effective Date 20211022 Rate Effective Date
USD
Reference Benchmark USD
0.080%
20211022
USD
Reference Benchmark USD Libor
0.073%
20211022
AUD
Reference Benchmark AUD
(0.102)%
20211022
BRL
Reference Benchmark BRL
6.150%
20211022
CAD
Reference Benchmark CAD
0.213%
20211022
CHF
Reference Benchmark CHF
(0.821)%
20211022
CNH
Reference Benchmark CNH
2.545%
20211022
CZK
Reference Benchmark CZK
1.058%
20211022
DKK
Reference Benchmark DKK
(0.624)%
20211022
EUR
Reference Benchmark EUR
(0.598)%
20211022
GBP
Reference Benchmark GBP
(0.001)%
20211022
HKD 2
Reference Benchmark HKD
(0.022)%
20211022
HUF
Reference Benchmark HUF
1.438%
20211022
ILS
Reference Benchmark ILS
(0.159)%
20211022
INR
Reference Benchmark INR
8.700%
20211022
JPY
Reference Benchmark JPY
(0.130)%
20211022
KRW
Reference Benchmark KRW
0.750%
20211022
MXN
Reference Benchmark MXN
5.407%
20211022
NOK
Reference Benchmark NOK
0.239%
20211022
NZD
Reference Benchmark NZD
0.403%
20211022
PLN
Reference Benchmark PLN
0.212%
20211022
RUB
Reference Benchmark RUB
6.818%
20211022
SEK
Reference Benchmark SEK
(0.190)%
20211022
SGD
Reference Benchmark SGD
0.376%
20211022
TRY
Reference Benchmark TRY
17.286%
20211022
ZAR
Reference Benchmark ZAR
3.452%
20211022
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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