The credit line is calculated as the sum of all positions valued at market prices, each multiplied by the loan-to-value ratio, that is influenced by the asset volatility. Securities with low price fluctuations (volatility) generally have a higher loan-to-value ratio, while those with higher price fluctuations have a low or no loan-to-value ratio.
Please note: The loan-to-value ratios for individual securities may differ and may be adjusted at any time. Securities cannot be fully collateralised. Non-binding presentation.
Loan-to-value ratio by asset class
| Instrument | Lending rates |
|---|---|
Stocks | Up to 75% |
ETFs, ETCs or other ETPs | Up to 75% |
| Funds (excl. ELTIFs) | Up to 75% |
| Derivatives | 0% |
Crypto ETPs | 0% |
ELTIFs (Private Equity or other Private Markets) | 0% |
Cash Balance | 0% |
The above mentioned lending rates can be reduced by 10% or more for collateral that is denominated in a foreign currency.
Find an overview about current and previous rates here. If you use Credit with your Baader account, the following conditions apply.