19-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-rated bonds, the instantaneous forward rate on euro-area government bonds at the 19-year maturity was 3.62 percent on 30 September 2025, versus 3.61 on 29 September.
Sample. The daily series presented in the graph has 5,386 records. The series covers the time span stretching from September 2004 to September 2025.
History. Here's a peek at some descriptive statistics we calculated on the whole sample: the forward rate had an average value of 2.78 percent; it recorded a minimum of -0.28 on 12 March 2020; it reached a maximum of 5.54 on 22 September 2008.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-26 | 3.6601 |
| 2025-09-29 | 3.6087 |
| 2025-09-30 | 3.6197 |
Hint. One of the pluses of our data visualization and download service is that we publish well-crafted metadata. Find it below to better understand the attributes of the time series that you use in your work.
Not for investment purposes. Data published on this web site are not suitable for investment purposes or as a basis for financial-decision making. Users should obtain expert advice and perform their own independent due diligence before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | 19-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 |