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Margin 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 20230320 Rate Effective Date
USD
Reference Benchmark USD
4.580%
20230320
AED
Reference Benchmark AED
4.629%
20230320
AUD
Reference Benchmark AUD
3.745%
20230320
BGN
Reference Benchmark BGN
2.436%
20230320
BRL
Reference Benchmark BRL
13.650%
20230320
CAD
Reference Benchmark CAD
4.282%
20230320
CHF
Reference Benchmark CHF
0.148%
20230320
CNH
Reference Benchmark CNH
2.168%
20230320
CZK
Reference Benchmark CZK
6.859%
20230320
DKK
Reference Benchmark DKK
2.574%
20230320
EUR
Reference Benchmark EUR
2.424%
20230320
GBP
Reference Benchmark GBP
3.897%
20230320
HKD
Reference Benchmark HKD
1.540%
20230320
HUF
Reference Benchmark HUF
17.209%
20230320
ILS
Reference Benchmark ILS
4.389%
20230320
INR
Reference Benchmark INR
9.100%
20230320
JPY
Reference Benchmark JPY
(0.416)%
20230320
KRW
Reference Benchmark KRW
3.500%
20230320
MXN
Reference Benchmark MXN
12.023%
20230320
NOK
Reference Benchmark NOK
2.671%
20230320
NZD
Reference Benchmark NZD
4.774%
20230320
PLN
Reference Benchmark PLN
6.944%
20230320
RON
Reference Benchmark RON
5.810%
20230320
RUB
Reference Benchmark RUB
7.250%
20230320
SAR
Reference Benchmark SAR
5.007%
20230320
SEK
Reference Benchmark SEK
2.784%
20230320
SGD
Reference Benchmark SGD
4.655%
20230320
TRY
Reference Benchmark TRY
22.770%
20230320
ZAR
Reference Benchmark ZAR
7.485%
20230320
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.


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