11-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. According to European Central Bank's statistics calculated on AAA bonds, the instantaneous forward rate on euro-area government bonds at the 11-year maturity was 3.86 percent on 14 May 2026, compared to 3.91 on 13 May 2026.
Sample. There are 5,543 records overall in the daily series displayed in the chart above. The time span covered by the series goes from September 2004 to May 2026.
History. Here’s a quick look at some descriptive statistics we calculated on the full sample: the forward rate had a mean value of 2.93 percent; it reached its highest level of 5.75 on 2 June 2009; it reached its lowest level of -0.35 on 10 March 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-05-12 | 3.9152 |
| 2026-05-13 | 3.9125 |
| 2026-05-14 | 3.8566 |
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Series Metadata
| Field | Value |
|---|---|
| Description | 11-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
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