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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 20220811 Rate Effective Date
USD
Reference Benchmark USD
2.330%
20220811
AED
Reference Benchmark AED
2.278%
20220811
AUD
Reference Benchmark AUD
1.741%
20220811
BGN
Reference Benchmark BGN
(0.124)%
20220811
BRL
Reference Benchmark BRL
13.650%
20220811
CAD
Reference Benchmark CAD
2.405%
20220811
CHF
Reference Benchmark CHF
(0.328)%
20220811
CNH
Reference Benchmark CNH
1.407%
20220811
CZK
Reference Benchmark CZK
6.624%
20220811
DKK
Reference Benchmark DKK
(0.193)%
20220811
EUR
Reference Benchmark EUR
(0.036)%
20220811
GBP
Reference Benchmark GBP
1.712%
20220811
HKD
Reference Benchmark HKD
1.485%
20220811
HUF
Reference Benchmark HUF
9.541%
20220811
ILS
Reference Benchmark ILS
1.358%
20220811
INR
Reference Benchmark INR
8.700%
20220811
JPY
Reference Benchmark JPY
(0.122)%
20220811
KRW
Reference Benchmark KRW
2.250%
20220811
MXN
Reference Benchmark MXN
8.809%
20220811
NOK
Reference Benchmark NOK
1.135%
20220811
NZD
Reference Benchmark NZD
2.234%
20220811
PLN
Reference Benchmark PLN
6.642%
20220811
RON
Reference Benchmark RON
7.589%
20220811
RUB
Reference Benchmark RUB
8.070%
20220811
SAR
Reference Benchmark SAR
0.881%
20220811
SEK
Reference Benchmark SEK
0.590%
20220811
SGD
Reference Benchmark SGD
1.715%
20220811
TRY
Reference Benchmark TRY
14.053%
20220811
USD
Reference Benchmark USD Libor
2.324%
20220811
ZAR
Reference Benchmark ZAR
5.837%
20220811
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.