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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 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 20210421 Rate Effective Date
USD
Reference Benchmark USD
0.070%
20210421
USD
Reference Benchmark USD Libor
0.073%
20210421
AUD
Reference Benchmark AUD
(0.124)%
20210421
BRL
Reference Benchmark BRL
2.650%
20210421
CAD
Reference Benchmark CAD
0.052%
20210421
CHF
Reference Benchmark CHF
(0.813)%
20210421
CNH
Reference Benchmark CNH
2.991%
20210421
CZK
Reference Benchmark CZK
0.081%
20210421
DKK
Reference Benchmark DKK
(0.433)%
20210421
EUR
Reference Benchmark EUR
(0.600)%
20210421
GBP
Reference Benchmark GBP
0.026%
20210421
HKD
Reference Benchmark HKD
(0.049)%
20210421
HUF
Reference Benchmark HUF
0.703%
20210421
ILS
Reference Benchmark ILS
(0.116)%
20210421
INR
Reference Benchmark INR
8.700%
20210421
JPY
Reference Benchmark JPY
(0.148)%
20210421
KRW
Reference Benchmark KRW
0.500%
20210421
MXN
Reference Benchmark MXN
4.069%
20210421
NOK
Reference Benchmark NOK
(0.020)%
20210421
NZD
Reference Benchmark NZD
0.069%
20210421
PLN
Reference Benchmark PLN
(0.168)%
20210421
RUB
Reference Benchmark RUB
4.392%
20210421
SEK
Reference Benchmark SEK
(0.225)%
20210421
SGD
Reference Benchmark SGD
0.166%
20210421
TRY
Reference Benchmark TRY
16.950%
20210421
ZAR
Reference Benchmark ZAR
3.709%
20210421
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.

Please note that IBSJ does not pay credit interest.