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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 20221201 Rate Effective Date
USD
Reference Benchmark USD
3.830%
20221201
AED
Reference Benchmark AED
3.820%
20221201
AUD
Reference Benchmark AUD
2.727%
20221201
BGN
Reference Benchmark BGN
0.965%
20221201
BRL
Reference Benchmark BRL
13.650%
20221201
CAD
Reference Benchmark CAD
3.726%
20221201
CHF
Reference Benchmark CHF
(0.037)%
20221201
CNH
Reference Benchmark CNH
0.753%
20221201
CZK
Reference Benchmark CZK
6.815%
20221201
DKK
Reference Benchmark DKK
1.206%
20221201
EUR
Reference Benchmark EUR
1.433%
20221201
GBP
Reference Benchmark GBP
2.979%
20221201
HKD
Reference Benchmark HKD
4.275%
20221201
HUF
Reference Benchmark HUF
17.000%
20221201
ILS
Reference Benchmark ILS
2.792%
20221201
INR
Reference Benchmark INR
8.700%
20221201
JPY
Reference Benchmark JPY
(0.046)%
20221201
KRW
Reference Benchmark KRW
3.250%
20221201
MXN
Reference Benchmark MXN
9.955%
20221201
NOK
Reference Benchmark NOK
2.725%
20221201
NZD
Reference Benchmark NZD
3.653%
20221201
PLN
Reference Benchmark PLN
7.066%
20221201
RON
Reference Benchmark RON
6.218%
20221201
RUB
Reference Benchmark RUB
7.220%
20221201
SAR
Reference Benchmark SAR
4.928%
20221201
SEK
Reference Benchmark SEK
2.336%
20221201
SGD
Reference Benchmark SGD
4.215%
20221201
TRY
Reference Benchmark TRY
8.870%
20221201
USD
Reference Benchmark USD Libor
3.824%
20221201
ZAR
Reference Benchmark ZAR
7.227%
20221201
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.