IBKR Reference Benchmark 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 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..
| Currency | Description for Effective Date | Rate | Effective Date |
|---|
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.