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. Based on European Central Bank's statistics computed on AAA-rated securities, the instantaneous forward rate on euro-area government bonds at the 11-year maturity was 3.75 percent on 22 June 2026, compared to 3.76 on 19 June.
Sample. There are 5,570 observations overall in the daily time series shown in the chart above. The time range covered by the series goes from September 2004 to June 2026.
History. Here's a snapshot of some summary statistics we computed on the full sample: the forward rate recorded its highest level of 5.75 percent on 2 June 2009; it reached its lowest level of -0.35 on 10 March 2020; it was equal on average to 2.94.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-06-18 | 3.6967 |
| 2026-06-19 | 3.7622 |
| 2026-06-22 | 3.7499 |
Heads-up. 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.
Not for investment purposes. Data and any other information available on this web site are not intended for investment purposes or any other financial decision. Users should obtain expert advice and perform independent analysis before making any financial commitments.
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
Discover the other time series included in this data set.