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Reference Benchmark Rates

Pricing

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 click here.

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


CurrencyDescription for Effective Date 20230602 Rate Effective Date
USD
Reference Benchmark USD
5.080%
20230602
AED
Reference Benchmark AED
4.803%
20230602
AUD
Reference Benchmark AUD
3.864%
20230602
BGN
Reference Benchmark BGN
2.854%
20230602
BRL
Reference Benchmark BRL
13.650%
20230602
CAD
Reference Benchmark CAD
4.346%
20230602
CHF
Reference Benchmark CHF
1.145%
20230602
CNH
Reference Benchmark CNH
1.135%
20230602
CZK
Reference Benchmark CZK
6.745%
20230602
DKK
Reference Benchmark DKK
2.679%
20230602
EUR
Reference Benchmark EUR
3.133%
20230602
GBP
Reference Benchmark GBP
4.415%
20230602
HKD
Reference Benchmark HKD
3.043%
20230602
HUF
Reference Benchmark HUF
16.241%
20230602
ILS
Reference Benchmark ILS
3.873%
20230602
INR
Reference Benchmark INR
9.100%
20230602
JPY
Reference Benchmark JPY
(0.214)%
20230602
KRW
Reference Benchmark KRW
3.500%
20230602
MXN
Reference Benchmark MXN
12.970%
20230602
NOK
Reference Benchmark NOK
3.190%
20230602
NZD
Reference Benchmark NZD
5.105%
20230602
PLN
Reference Benchmark PLN
6.957%
20230602
RON
Reference Benchmark RON
6.034%
20230602
RUB
Reference Benchmark RUB
7.330%
20230602
SAR
Reference Benchmark SAR
5.774%
20230602
SEK
Reference Benchmark SEK
3.258%
20230602
SGD
Reference Benchmark SGD
4.194%
20230602
TRY
Reference Benchmark TRY
82.502%
20230602
ZAR
Reference Benchmark ZAR
8.355%
20230602
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.


Disclosures

  1. Reference Benchmark for HKD applies to margin loans only.