Interesting, haven’t thought about that.
You just asked them to accommodate you and they lower the margin across the tiers? Also on the interest received?
No, only interest you pay.
Yes, but you obviously need to be actively using margin loans. They won’t lower rates just because you might use margin in the future.
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Ah didnt know that. Seems a little odd though as they already list tiered discounts with the highest applicable beyond 180mio?
If you take out 180 million of debt, you have considerable negotiating power, so the focus should be on trying to lower the interest rate by as many basis points as possible. With a loan this big, this could save you a significant amount of money. However, if it’s just a 5’000 rent guarantee, I don’t think they’ll even respond, so my input was actually useless.
I’ve just checked my emails and there’s a conversation from 2021 and 2022 with IBKR about margin rate negotiations. They were open to matching other offers if I presented them. Ultimately, I decided to increase my mortgage portfolio, as I have a very low SARON rate, lower than the advertised IBKR rates.
Not so sure about the negotiation power with IBKR. You have negotiation power with other more expensive brokers anyhow.
The calculated rate for CHF 180 million is 0.752% according to their site: