15-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 ECB's statistics calculated on AAA-rated securities, the instantaneous forward rate on euro-area government bonds at the 15-year maturity was 3.99 percent on 14 May 2026, compared to 4.03 on the previous day.
Sample. There are 5,543 observations overall in the daily time series shown in the chart above. The time span covered by the series is from September 2004 to May 2026.
History. Here's a peek at a few statistics we calculated on the whole sample: the forward rate hit a maximum of 5.51 percent on 2 June 2009; it reached a trough of -0.27 on 10 March 2020; it averaged 2.94.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-05-12 | 4.0294 |
| 2026-05-13 | 4.0265 |
| 2026-05-14 | 3.9854 |
Tip. For easier exploration, we organize time series into data sets and worksheets. Scrolling downwards, you will find how we structured further information linked to the statistics found here.
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Series Metadata
| Field | Value |
|---|---|
| Description | 15-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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