1-year instantaneous forward rate on government bonds (percentage points; nominal; interpolated; AAA rating) - Euro area - ECB - Daily
This series is part of the dataset: Euro-area government bond yield curves (ECB)
Download Full Dataset (.xlsx)Latest updates. Based on European Central Bank's statistics computed on AAA-rated securities, the instantaneous forward rate on euro-area government bonds at the 1-year maturity was 2.08 percent on 29 December 2025, compared to 2.11 on 24 December.
Sample. There are 5,448 records in the daily series shown in the plot above. The series covers the time span stretching from September 2004 to December 2025.
History. Have a look at a few statistics calculated on the full sample: the forward rate reached a minimum of -1.01 percent on 12 March 2020; it recorded its highest level of 4.87 on 9 June 2008; it had a mean value of 1.02.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-12-23 | 2.1105 |
| 2025-12-24 | 2.1104 |
| 2025-12-29 | 2.0753 |
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Series Metadata
| Field | Value |
|---|---|
| Description | 1-year rate ECB instantaneous forward yield curve (AAA bonds) |
| Country | Euro area |
| Economic concept | Interest rate |
| Data type | Constant-maturity nominal instantaneous forward rate on government bonds |
| Deflation method | Not applicable |
| Seasonally adjusted | No |
| Rescaling | None |
| Frequency | Daily |
| Unit | Percentage points |
| Source | European Central Bank |
| Source type | Central bank |
| Data licence | Free use subject to conditions |
| Measure type | Interpolated level |
Series in the same data set
Discover the other time series included in this data set.