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Reference Benchmark Rates

Pricing

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 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 20230202 Rate Effective Date
USD
Reference Benchmark USD
4.580%
20230202
AED
Reference Benchmark AED
4.231%
20230202
AUD
Reference Benchmark AUD
3.119%
20230202
BGN
Reference Benchmark BGN
1.641%
20230202
BRL
Reference Benchmark BRL
13.650%
20230202
CAD
Reference Benchmark CAD
4.199%
20230202
CHF
Reference Benchmark CHF
0.756%
20230202
CNH
Reference Benchmark CNH
2.009%
20230202
CZK
Reference Benchmark CZK
6.871%
20230202
DKK
Reference Benchmark DKK
1.639%
20230202
EUR
Reference Benchmark EUR
1.910%
20230202
GBP
Reference Benchmark GBP
3.828%
20230202
HKD
Reference Benchmark HKD
1.668%
20230202
HUF
Reference Benchmark HUF
17.654%
20230202
ILS
Reference Benchmark ILS
3.898%
20230202
JPY
Reference Benchmark JPY
(0.253)%
20230202
KRW
Reference Benchmark KRW
3.500%
20230202
MXN
Reference Benchmark MXN
10.191%
20230202
NOK
Reference Benchmark NOK
2.617%
20230202
NZD
Reference Benchmark NZD
4.396%
20230202
PLN
Reference Benchmark PLN
6.991%
20230202
RON
Reference Benchmark RON
6.264%
20230202
RUB
Reference Benchmark RUB
7.010%
20230202
SAR
Reference Benchmark SAR
5.234%
20230202
SEK
Reference Benchmark SEK
2.342%
20230202
SGD
Reference Benchmark SGD
4.012%
20230202
TRY
Reference Benchmark TRY
12.335%
20230202
ZAR
Reference Benchmark ZAR
7.858%
20230202
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.