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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 20200710 Rate Effective Date
USD
Reference Benchmark USD
0.090%
20200710
USD
Reference Benchmark USD Libor
0.082%
20200710
AUD
Reference Benchmark AUD
(0.177)%
20200710
BRL
Reference Benchmark BRL
2.150%
20200710
CAD
Reference Benchmark CAD
(0.034)%
20200710
CHF
Reference Benchmark CHF
(0.920)%
20200710
CNH
Reference Benchmark CNH
1.639%
20200710
CZK
Reference Benchmark CZK
(0.272)%
20200710
DKK
Reference Benchmark DKK
(0.709)%
20200710
EUR
Reference Benchmark EUR
(0.717)%
20200710
GBP
Reference Benchmark GBP
(0.146)%
20200710
HKD
Reference Benchmark HKD
0.235%
20200710
HUF
Reference Benchmark HUF
0.557%
20200710
ILS
Reference Benchmark ILS
(0.154)%
20200710
JPY
Reference Benchmark JPY
(0.267)%
20200710
KRW
Reference Benchmark KRW
0.500%
20200710
MXN
Reference Benchmark MXN
4.689%
20200710
NOK
Reference Benchmark NOK
(0.247)%
20200710
NZD
Reference Benchmark NZD
(0.091)%
20200710
PLN
Reference Benchmark PLN
(0.225)%
20200710
RUB
Reference Benchmark RUB
4.135%
20200710
SEK
Reference Benchmark SEK
(0.334)%
20200710
SGD
Reference Benchmark SGD
(0.646)%
20200710
TRY
Reference Benchmark TRY
10.610%
20200710
ZAR
Reference Benchmark ZAR
4.133%
20200710
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.