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Reference Benchmark Rates


IBKR's benchmark for each currency is the reference rate for our investment loans. IBKR uses a combination of internationally recognized reference rates (such as LIBOR and 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 20210623 Rate Effective Date
USD
Reference Benchmark USD
0.100%
20210623
USD
Reference Benchmark USD Libor
0.085%
20210623
AUD
Reference Benchmark AUD
0.012%
20210623
BRL
Reference Benchmark BRL
4.150%
20210623
CAD
Reference Benchmark CAD
0.120%
20210623
CHF
Reference Benchmark CHF
(0.823)%
20210623
CNH
Reference Benchmark CNH
2.497%
20210623
CZK
Reference Benchmark CZK
(0.133)%
20210623
DKK
Reference Benchmark DKK
(0.547)%
20210623
EUR
Reference Benchmark EUR
(0.598)%
20210623
GBP
Reference Benchmark GBP
0.029%
20210623
HKD
Reference Benchmark HKD
(0.016)%
20210623
HUF
Reference Benchmark HUF
0.053%
20210623
ILS
Reference Benchmark ILS
(0.092)%
20210623
INR
Reference Benchmark INR
8.700%
20210623
JPY
Reference Benchmark JPY
(0.179)%
20210623
KRW
Reference Benchmark KRW
0.500%
20210623
MXN
Reference Benchmark MXN
6.973%
20210623
NOK
Reference Benchmark NOK
(0.019)%
20210623
NZD
Reference Benchmark NZD
0.287%
20210623
PLN
Reference Benchmark PLN
(0.073)%
20210623
RUB
Reference Benchmark RUB
5.146%
20210623
SEK
Reference Benchmark SEK
(0.215)%
20210623
SGD
Reference Benchmark SGD
0.200%
20210623
TRY
Reference Benchmark TRY
17.484%
20210623
ZAR
Reference Benchmark ZAR
4.082%
20210623
Prior Period Benchmark Rates

IBKR accrues interest daily and posts actual interest monthly on the third business day of the following month.