12-year 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 computed on securities across all ratings, the instantaneous forward rate on euro-area government bonds at the 12-year maturity was 4.50 percent on 30 September 2025, versus 4.51 on 29 September 2025.
Sample. There are 5,386 records in the daily series displayed in the chart above. The time period covered by the series stretches from September 2004 to September 2025.
History. Here's a snapshot of some summary statistics we computed on the full sample: the forward rate was equal on average to 3.65 percent; it registered a minimum of 0.61 on 15 December 2020; it recorded its maximum of 6.28 on 15 November 2011.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-26 | 4.5631 |
| 2025-09-29 | 4.5087 |
| 2025-09-30 | 4.4964 |
Tip. One of the pros of using FetchSeries is that we publish complete metadata. Find it below to gain insights on the characteristics of the time series that you are exploring.
Not for investment purposes. Content made available on FetchSeries is not meant for investment purposes or as a basis for making financial decisions. Users should consult professional advice and perform their own independent due diligence before taking any financial risk.
Series Metadata
| Field | Value |
|---|---|
| Description | 12-year 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 |