IBKR Reference Benchmark Rates

Interest Rates

Pricing

IBKR 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 20240222 Rate Effective Date
USD
Reference Benchmark USD
5.330%
20240222
AED
Reference Benchmark AED
5.234%
20240222
AUD
Reference Benchmark AUD
4.274%
20240222
BGN
Reference Benchmark BGN
3.790%
20240222
BRL
Reference Benchmark BRL
11.150%
20240222
CAD
Reference Benchmark CAD
4.882%
20240222
CHF
Reference Benchmark CHF
1.491%
20240222
CNH
Reference Benchmark CNH
4.405%
20240222
CZK
Reference Benchmark CZK
6.064%
20240222
DKK
Reference Benchmark DKK
3.487%
20240222
EUR
Reference Benchmark EUR
3.900%
20240222
GBP
Reference Benchmark GBP
5.177%
20240222
HKD
Reference Benchmark HKD
4.134%
20240222
HUF
Reference Benchmark HUF
9.799%
20240222
ILS
Reference Benchmark ILS
4.317%
20240222
INR
Reference Benchmark INR
6.650%
20240222
JPY
Reference Benchmark JPY
(0.288)%
20240222
KRW
Reference Benchmark KRW
3.500%
20240222
MXN
Reference Benchmark MXN
11.345%
20240222
NOK
Reference Benchmark NOK
4.403%
20240222
NZD
Reference Benchmark NZD
5.201%
20240222
PLN
Reference Benchmark PLN
5.693%
20240222
RON
Reference Benchmark RON
5.861%
20240222
RUB
Reference Benchmark RUB
15.750%
20240222
SAR
Reference Benchmark SAR
5.753%
20240222
SEK
Reference Benchmark SEK
3.799%
20240222
SGD
Reference Benchmark SGD
3.767%
20240222
TRY
Reference Benchmark TRY
41.085%
20240222
ZAR
Reference Benchmark ZAR
8.408%
20240222
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.


Interactive Brokers Canada Inc. is a member of the Canadian Investment Regulatory Organization (CIRO) and Member - Canadian Investor Protection Fund. Know Your Advisor: View the CIRO AdvisorReport. Trading of securities and derivatives may involve a high degree of risk and investors should be prepared for the risk of losing their entire investment and losing further amounts. Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines. Interactive Brokers Canada Inc. is an order execution-only dealer and does not provide investment advice or recommendations regarding the purchase or sale of any securities or derivatives. Our registered office is located at 1800 McGill College Avenue, Suite 2106, Montreal, Quebec, H3A 3J6, Canada.


Know Your Advisor: View the CIRO AdvisorReport