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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 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 20230203 Rate Effective Date
USD
Reference Benchmark USD
4.580%
20230203
AED
Reference Benchmark AED
4.265%
20230203
AUD
Reference Benchmark AUD
2.785%
20230203
BGN
Reference Benchmark BGN
1.572%
20230203
BRL
Reference Benchmark BRL
13.650%
20230203
CAD
Reference Benchmark CAD
4.454%
20230203
CHF
Reference Benchmark CHF
0.791%
20230203
CNH
Reference Benchmark CNH
1.622%
20230203
CZK
Reference Benchmark CZK
6.859%
20230203
DKK
Reference Benchmark DKK
2.065%
20230203
EUR
Reference Benchmark EUR
1.849%
20230203
GBP
Reference Benchmark GBP
3.881%
20230203
HKD
Reference Benchmark HKD
1.198%
20230203
HUF
Reference Benchmark HUF
17.593%
20230203
ILS
Reference Benchmark ILS
3.739%
20230203
INR
Reference Benchmark INR
8.800%
20230203
JPY
Reference Benchmark JPY
(0.252)%
20230203
KRW
Reference Benchmark KRW
3.500%
20230203
MXN
Reference Benchmark MXN
10.241%
20230203
NOK
Reference Benchmark NOK
2.655%
20230203
NZD
Reference Benchmark NZD
4.227%
20230203
PLN
Reference Benchmark PLN
6.816%
20230203
RON
Reference Benchmark RON
5.480%
20230203
RUB
Reference Benchmark RUB
7.000%
20230203
SAR
Reference Benchmark SAR
5.234%
20230203
SEK
Reference Benchmark SEK
2.266%
20230203
SGD
Reference Benchmark SGD
3.743%
20230203
TRY
Reference Benchmark TRY
10.869%
20230203
ZAR
Reference Benchmark ZAR
7.859%
20230203
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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