Margin loan
Loan contract against the collateral of publicly traded securities
- You can take out a loan against the collateral of publicly traded securities across your entire portfolio.
- The term of the loan is 1 month, and it is renewed automatically.
- You can also repay a loan early.
- There is no fee for taking out or repaying a loan; nor is there a contract fee.
Interest rates
LHV’s interest rates for loans and leveraged loans
| EUR | 8,50% | AUD | 12,00% | HKD | 7,75% | KRW | 10,25% | RUB | 20,00% |
| USD | 7,50% | CAD | 8,25% | HRK | 14,25% | MXN | 14,50% | SEK | 9,25% |
| CHF | 7,50% | HUF | 13,25% | NOK | 9,50% | SGD | 8,50% | ||
| CZK | 8,00% | INR | 20,25% | NZD | 11,50% | GBP | 7,75% | ||
| DKK | 8,25% | JPY | 7,25% | PLN | 11,75% |
Collateral rates
LHV’s collateral rates for loans and leveraged loans
| Cash | |
| Cash | 75% |
| Deposits | |
| Deposits | 75% |
| LHV Varahaldus | 60% |
| JPMorgan Asset Management | 60% |
| East Capital Asset Management | 60% |
| Swedbank Investeerimisfondid | 60% |
| SEB Varahaldus | 60% |
| SEB Fund Management S.A | 60% |
| Trigon Funds | 60% |
| Avaron Asset Management | 60% |
| London, Nasdaq, NYSE | |
|---|---|
| SPY, DIA, QQQQ, IVV, MDY, IWM, EFA, TDF, GLD, EWJ, EWZ, EPP, FXI, IEV, RSX, CEE, EWH, EWY, SLV, APB, EFA | 60% |
| > 5 USD | 50% |
| 3—5 USD | 40% |
| GBTC | 40% |
| London | |
|---|---|
| > 5 GBP | 50% |
| 3—5 GBP4 | 0% |
| XETRA, OMX Helsinki | |
|---|---|
| > 5 EUR | 50% |
| 3—5 EUR | 40% |
| OMX Stockholm | |
|---|---|
| > 40 SEK | 50% |
| 20—40 SEK | 40% |
| COINETHE | 40% |
| COINXBE | 40% |
| COINXBT | 40% |
| OMX Tallinn | |
|---|---|
| Arco Vara, ARC1T | 40% |
| Ekspress Grupp, EEG1T | 55% |
| Harju Elekter, HAE1T | 60% |
| Merko Ehitus, MRK1T | 60% |
| Nordecon International, NCN1T | 50% |
| Olympic Entertainment Group, OEG1T | 65% |
| Premia Foods, PRF1T | 55% |
| Pro Kapital Grupp, PKG1T | 40% |
| Silvano Fashion Group, SFG1T | 65% |
| Skano, SKN1T | 40% |
| Tallinna Sadam, TSM1T | 50% |
| Tallink Grupp, TAL1T | 65% |
| Tallinna Kaubamaja, TKM1T | 65% |
| Tallinna Vesi, TVEAT | 65% |
| Baltic Horizon Fund, NHCBHFFT | 50% |
| EfTEN Real Estate Fund III, EFT1T | 50% |
| OMX Riga | |
|---|---|
| Grindeks, GRD1R | 55% |
| Latvijas Gaze, GZE1R | 40% |
| Olainfarm, OLF1R | 60% |
| SAF Tehnika, SAF1R | 45% |
| Valmieras stikla skiedra, VSS1R | 50% |
| OMX Vilnius | |
|---|---|
| AUGA Group, AUG1L | 50% |
| Amber Grid, AMG1L | 60% |
| Apranga, APG1L | 65% |
| Grigiskes, GRG1L | 60% |
| Invalda, IVL1L | 25% |
| INVL Baltic Farmland, INL1L | 25% |
| INVL Baltic Real Estate, INR1L | 25% |
| INVL Technology, INC1L | 25% |
| Klaipedos Nafta, KNF1L | 60% |
| Lietuvos energijos gamyba, LNR1L | 50% |
| Energijos Skirstymo Operatorius, ESO1L | 50% |
| Linas Agro Group, LNA1L | 55% |
| Litgrid, LGD1L | 50% |
| OMX Baltic Benchmark Fund, OAMOBBF1L | 50% |
| Panevezio Statybos Trestas, PTR1L | 50% |
| Pieno Zvaigzdes, PZV1L | 50% |
| Rokiskio Suris, RSU1L | 55% |
| Siauliu Bankas, SAB1L | 65% |
| Snaige, SNG1L | 25% |
| Telia Lietuva, TEL1L | 65% |
| Vilkyskiu Pienine, VLP1L | 50% |
| Vilniaus Baldai, VBL1L | 40% |
| Zemaitijos Pienas, ZMP1L | 50% |
| Warsaw Stock Exchange | |
|---|---|
| Asseco Poland SA, ACP; PGE Polska Grupa Energetyczna, PGE; BRE, BRE; CEZ, CEZ; GTC, GTC; Getin Holding, GTN; KGHM, KGH; Pekao, PEO; PGNiG, PGN; PKN Orlen, PKN; PKO BP, PKO; PBG SA, PBG; PZU; TP SA, TPS; Lotos, LTS; Tauronpe, TPE; Bogdanka SA, LWB; Handlowy, BHW; Kernel Holding SA, KER | 50% |
| Copenhagen Stock Exchange | |
|---|---|
| CARLB, VWS, DANSKE, NOVOB, TRYG, MAERSKB, DSV, DCO, NDA, DNORD, NKT, MAERSKA, WDH, JYSK, GEN, LUN, TOP, SYDB, NZYMB | 50% |
| Oslo Stock Exchange | |
|---|---|
| SDRL, STL, YAR, ORK, TGS, SCH, MHG, TB, SUB, ACY, PGS, TEL, AKSO, DNO, NHY, DNBNOR, GOGL, PRS, NPRO, FRO, RCL, REC, SONG, FOE, SEVAN | 50% |
If in LHV’s assessment it is more appropriate to use a higher or lower collateral rate in the case of a share due to its risk level, LHV has the right to apply collateral rates that differ from those listed above. Before taking out a loan make sure to review the content of the product and the terms of its contract. Particular attention should be paid to the risks of borrowing. If needed, consult a financial adviser at LHV before taking out a loan. The interest and collateral rates of a loan depend on the interest rates of central banks.
