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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 20230323 Rate Effective Date
USD
Reference Benchmark USD
4.830%
20230323
AED
Reference Benchmark AED
4.662%
20230323
AUD
Reference Benchmark AUD
3.394%
20230323
BGN
Reference Benchmark BGN
2.770%
20230323
BRL
Reference Benchmark BRL
13.650%
20230323
CAD
Reference Benchmark CAD
4.140%
20230323
CHF
Reference Benchmark CHF
(0.091)%
20230323
CNH
Reference Benchmark CNH
1.727%
20230323
CZK
Reference Benchmark CZK
6.664%
20230323
DKK
Reference Benchmark DKK
2.226%
20230323
EUR
Reference Benchmark EUR
2.584%
20230323
GBP
Reference Benchmark GBP
3.846%
20230323
HKD
Reference Benchmark HKD
2.670%
20230323
HUF
Reference Benchmark HUF
17.265%
20230323
ILS
Reference Benchmark ILS
4.422%
20230323
JPY
Reference Benchmark JPY
(0.269)%
20230323
KRW
Reference Benchmark KRW
3.500%
20230323
MXN
Reference Benchmark MXN
13.035%
20230323
NOK
Reference Benchmark NOK
2.440%
20230323
NZD
Reference Benchmark NZD
4.448%
20230323
PLN
Reference Benchmark PLN
6.683%
20230323
RON
Reference Benchmark RON
5.591%
20230323
RUB
Reference Benchmark RUB
7.110%
20230323
SAR
Reference Benchmark SAR
4.811%
20230323
SEK
Reference Benchmark SEK
2.513%
20230323
SGD
Reference Benchmark SGD
4.351%
20230323
TRY
Reference Benchmark TRY
28.260%
20230323
ZAR
Reference Benchmark ZAR
7.447%
20230323
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.