IBKR Reference Benchmark Rates

Interest Rates

Pricing

IBKR 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 20240517 Rate Effective Date
USD
Reference Benchmark USD
5.330%
20240517
AED
Reference Benchmark AED
5.203%
20240517
AUD
Reference Benchmark AUD
4.383%
20240517
BGN
Reference Benchmark BGN
3.780%
20240517
BRL
Reference Benchmark BRL
10.400%
20240517
CAD
Reference Benchmark CAD
4.866%
20240517
CHF
Reference Benchmark CHF
1.263%
20240517
CNH
Reference Benchmark CNH
1.842%
20240517
CZK
Reference Benchmark CZK
5.098%
20240517
DKK
Reference Benchmark DKK
3.527%
20240517
EUR
Reference Benchmark EUR
3.912%
20240517
GBP
Reference Benchmark GBP
5.229%
20240517
HKD
Reference Benchmark HKD
3.778%
20240517
HUF
Reference Benchmark HUF
7.497%
20240517
ILS
Reference Benchmark ILS
4.159%
20240517
INR
Reference Benchmark INR
6.780%
20240517
JPY
Reference Benchmark JPY
(0.009)%
20240517
KRW
Reference Benchmark KRW
3.500%
20240517
MXN
Reference Benchmark MXN
11.104%
20240517
NOK
Reference Benchmark NOK
4.346%
20240517
NZD
Reference Benchmark NZD
5.455%
20240517
PLN
Reference Benchmark PLN
5.726%
20240517
RON
Reference Benchmark RON
5.766%
20240517
RUB
Reference Benchmark RUB
15.850%
20240517
SAR
Reference Benchmark SAR
5.789%
20240517
SEK
Reference Benchmark SEK
3.556%
20240517
SGD
Reference Benchmark SGD
3.503%
20240517
TRY
Reference Benchmark TRY
37.158%
20240517
ZAR
Reference Benchmark ZAR
8.103%
20240517
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.