12-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 securities, the instantaneous forward rate on euro-area government bonds at the 12-year maturity was 3.85 percent on 31 March 2026, versus 3.87 on the previous day.
Sample. There are 5,514 data points in the daily time series displayed in the figure above. The time span covered by the series is from September 2004 to March 2026.
History. Here's a glimpse of some statistics computed on the whole sample: the forward rate recorded a bottom of -0.32 percent on 10 March 2020; it reached a maximum of 5.73 on 2 June 2009; it was equal on average to 2.95.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-03-27 | 3.9073 |
| 2026-03-30 | 3.8688 |
| 2026-03-31 | 3.845 |
Hint. A benefit of using FetchSeries is that we give you accurate metadata. Find it below to delve deeper into the characteristics of the indicators that you use in your research.
Not for investment purposes. Time series and other data collected and published on FetchSeries are not suitable for investment purposes or other financial decisions. Users should seek expert advice and perform independent analysis before taking any financial risk.
Series Metadata
| Field | Value |
|---|---|
| Description | 12-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.