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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 20211126 Rate Effective Date
USD
Reference Benchmark USD
0.080%
20211126
USD
Reference Benchmark USD Libor
0.073%
20211126
AUD
Reference Benchmark AUD
(0.012)%
20211126
BRL
Reference Benchmark BRL
7.650%
20211126
CAD
Reference Benchmark CAD
0.176%
20211126
CHF
Reference Benchmark CHF
(0.804)%
20211126
CNH
Reference Benchmark CNH
2.534%
20211126
CZK
Reference Benchmark CZK
2.498%
20211126
DKK
Reference Benchmark DKK
(0.579)%
20211126
EUR
Reference Benchmark EUR
(0.585)%
20211126
GBP
Reference Benchmark GBP
0.013%
20211126
HKD
Reference Benchmark HKD
0.042%
20211126
HUF
Reference Benchmark HUF
2.158%
20211126
ILS
Reference Benchmark ILS
0.018%
20211126
INR
Reference Benchmark INR
8.700%
20211126
JPY
Reference Benchmark JPY
(0.108)%
20211126
KRW
Reference Benchmark KRW
1.000%
20211126
MXN
Reference Benchmark MXN
6.663%
20211126
NOK
Reference Benchmark NOK
0.228%
20211126
NZD
Reference Benchmark NZD
0.284%
20211126
PLN
Reference Benchmark PLN
1.352%
20211126
RUB
Reference Benchmark RUB
7.473%
20211126
SEK
Reference Benchmark SEK
(0.189)%
20211126
SGD
Reference Benchmark SGD
0.390%
20211126
TRY
Reference Benchmark TRY
13.638%
20211126
ZAR
Reference Benchmark ZAR
5.095%
20211126
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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