10-month instantaneous forward rate on government bonds (percentage points; nominal; interpolated; all ratings) - Euro area - ECB - Daily
This series is part of the dataset: Euro-area government bond yield curves (ECB)
Download Full Dataset (.xlsx)Latest updates. According to European Central Bank's statistics calculated on bonds across all ratings, the instantaneous forward rate on euro-area government bonds at the 10-month maturity was 2.10 percent on 29 December 2025, compared to 2.14 on 24 December 2025.
Sample. There are 5,448 observations overall in the daily time series shown in the figure above. The series covers the period stretching from September 2004 to December 2025.
History. Here's a glimpse of some summary statistics we computed on the whole sample: the forward rate reached its lowest level of -0.70 percent on 19 November 2021; it achieved a maximum of 4.89 on 9 June 2008; it had a mean of 1.36.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-12-23 | 2.1353 |
| 2025-12-24 | 2.1369 |
| 2025-12-29 | 2.1 |
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Series Metadata
| Field | Value |
|---|---|
| Description | 10-month rate ECB instantaneous forward yield curve (all 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
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