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, visit the IBKR Knowledge Base.

For information regarding the various external reference rates that contribute to the IBKR Reference Benchmark rate see Benchmark Interest Calculation Reference Rate Descriptions.


CurrencyDescription for Effective Date 20240221 Rate Effective Date
USD
Reference Benchmark USD
5.330%
20240221
AED
Reference Benchmark AED
5.114%
20240221
AUD
Reference Benchmark AUD
4.274%
20240221
BGN
Reference Benchmark BGN
3.780%
20240221
BRL
Reference Benchmark BRL
11.150%
20240221
CAD
Reference Benchmark CAD
4.896%
20240221
CHF
Reference Benchmark CHF
1.535%
20240221
CNH
Reference Benchmark CNH
6.424%
20240221
CZK
Reference Benchmark CZK
6.082%
20240221
DKK
Reference Benchmark DKK
3.500%
20240221
EUR
Reference Benchmark EUR
3.902%
20240221
GBP
Reference Benchmark GBP
5.188%
20240221
HKD
Reference Benchmark HKD
4.081%
20240221
HUF
Reference Benchmark HUF
9.851%
20240221
ILS
Reference Benchmark ILS
4.254%
20240221
INR
Reference Benchmark INR
6.700%
20240221
JPY
Reference Benchmark JPY
(0.190)%
20240221
KRW
Reference Benchmark KRW
3.500%
20240221
MXN
Reference Benchmark MXN
11.392%
20240221
NOK
Reference Benchmark NOK
4.405%
20240221
NZD
Reference Benchmark NZD
5.364%
20240221
PLN
Reference Benchmark PLN
5.689%
20240221
RON
Reference Benchmark RON
5.916%
20240221
RUB
Reference Benchmark RUB
15.750%
20240221
SAR
Reference Benchmark SAR
5.753%
20240221
SEK
Reference Benchmark SEK
3.862%
20240221
SGD
Reference Benchmark SGD
3.906%
20240221
TRY
Reference Benchmark TRY
38.843%
20240221
ZAR
Reference Benchmark ZAR
8.438%
20240221
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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