18-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 computed on AAA bonds, the instantaneous forward rate on euro-area government bonds at the 18-year maturity was 3.91 percent on 12 November 2026, compared to 3.90 on the previous day.
Sample. There are 5,673 data points in the daily time series shown in the figure above. The series covers the time period going from September 2004 to November 2026.
History. Have a look at a few statistics we calculated on the entire sample: the forward rate had a mean value of 2.87 percent; it attained a maximum of 5.53 percent on 22 September 2008; it hit a trough of -0.27 percent on 12 March 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-11-10 | 3.85340 |
| 2026-11-11 | 3.89570 |
| 2026-11-12 | 3.90800 |
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Series Metadata
| Field | Value |
|---|---|
| Description | 18-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.