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 ECB's statistics computed on AAA securities, the instantaneous forward rate on euro-area government bonds at the 11-year maturity stood at 3.70 percent on 30 September 2025, versus 3.71 on the previous day.
Sample. There are 5,386 data points overall in the daily time series shown in the graph above. The period covered by the series extends from September 2004 to September 2025.
History. Have a look at a few statistics calculated on the full sample: the forward rate averaged 2.91 percent; it reached its minimum of -0.35 on 10 March 2020; it recorded a maximum of 5.75 on 2 June 2009.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-26 | 3.76 |
| 2025-09-29 | 3.7138 |
| 2025-09-30 | 3.7013 |
Nugget of wisdom. We group series into worksheets and datasets to facilitate exploration. Scrolling downwards, you will find how we arranged further material linked to the statistics provided here.
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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 |