If you are an institution, click below to learn more about our offerings for RIAs, Hedge Funds, Compliance Officers and more.

Investment Loan Reference Benchmark Rates

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 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 20221205 Rate Effective Date
USD
Reference Benchmark USD
3.830%
20221205
AED
Reference Benchmark AED
3.843%
20221205
AUD
Reference Benchmark AUD
2.709%
20221205
BGN
Reference Benchmark BGN
1.340%
20221205
BRL
Reference Benchmark BRL
13.650%
20221205
CAD
Reference Benchmark CAD
3.654%
20221205
CHF
Reference Benchmark CHF
0.112%
20221205
CNH
Reference Benchmark CNH
0.972%
20221205
CZK
Reference Benchmark CZK
6.700%
20221205
DKK
Reference Benchmark DKK
1.152%
20221205
EUR
Reference Benchmark EUR
1.369%
20221205
GBP
Reference Benchmark GBP
2.957%
20221205
HKD
Reference Benchmark HKD
4.385%
20221205
HUF
Reference Benchmark HUF
17.000%
20221205
ILS
Reference Benchmark ILS
3.109%
20221205
INR
Reference Benchmark INR
8.700%
20221205
JPY
Reference Benchmark JPY
(0.226)%
20221205
KRW
Reference Benchmark KRW
3.250%
20221205
MXN
Reference Benchmark MXN
9.873%
20221205
NOK
Reference Benchmark NOK
2.467%
20221205
NZD
Reference Benchmark NZD
4.052%
20221205
PLN
Reference Benchmark PLN
6.862%
20221205
RON
Reference Benchmark RON
5.355%
20221205
RUB
Reference Benchmark RUB
7.290%
20221205
SAR
Reference Benchmark SAR
6.286%
20221205
SEK
Reference Benchmark SEK
2.287%
20221205
SGD
Reference Benchmark SGD
4.694%
20221205
TRY
Reference Benchmark TRY
9.111%
20221205
USD
Reference Benchmark USD Libor
3.817%
20221205
ZAR
Reference Benchmark ZAR
7.034%
20221205
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.