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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 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 20220927 Rate Effective Date
USD
Reference Benchmark USD
3.080%
20220927
AED
Reference Benchmark AED
2.951%
20220927
AUD
Reference Benchmark AUD
2.360%
20220927
BGN
Reference Benchmark BGN
0.079%
20220927
BRL
Reference Benchmark BRL
13.650%
20220927
CAD
Reference Benchmark CAD
3.233%
20220927
CHF
Reference Benchmark CHF
(0.351)%
20220927
CNH
Reference Benchmark CNH
1.637%
20220927
CZK
Reference Benchmark CZK
6.591%
20220927
DKK
Reference Benchmark DKK
0.495%
20220927
EUR
Reference Benchmark EUR
0.596%
20220927
GBP
Reference Benchmark GBP
2.639%
20220927
HKD
Reference Benchmark HKD
1.717%
20220927
HUF
Reference Benchmark HUF
10.464%
20220927
ILS
Reference Benchmark ILS
1.000%
20220927
INR
Reference Benchmark INR
8.700%
20220927
JPY
Reference Benchmark JPY
(0.092)%
20220927
KRW
Reference Benchmark KRW
2.500%
20220927
MXN
Reference Benchmark MXN
9.576%
20220927
NOK
Reference Benchmark NOK
2.093%
20220927
NZD
Reference Benchmark NZD
2.000%
20220927
PLN
Reference Benchmark PLN
6.708%
20220927
RON
Reference Benchmark RON
8.695%
20220927
RUB
Reference Benchmark RUB
7.580%
20220927
SAR
Reference Benchmark SAR
3.858%
20220927
SEK
Reference Benchmark SEK
1.493%
20220927
SGD
Reference Benchmark SGD
2.296%
20220927
TRY
Reference Benchmark TRY
61.008%
20220927
USD
Reference Benchmark USD Libor
3.064%
20220927
ZAR
Reference Benchmark ZAR
6.271%
20220927
Prior Period Benchmark Rates

IBKR accrues interest daily and posts actual interest monthly on the third business day of the following month. IBKR calculates the daily interest payable or receivable using the following: EndingSettledCash – ShortStockCollateralValue.