2-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 ECB's statistics calculated on bonds across all ratings, the instantaneous forward rate on euro-area government bonds at the 2-year maturity was 2.85 percent on 31 March 2026, versus 2.91 on 30 March.
Sample. In this daily time series, there are 5,514 observations. The series covers the time span extending from September 2004 to March 2026.
History. Here’s a quick look at some statistics we computed on the whole sample: the forward rate had an average value of 1.68 percent; it reached a trough of -0.65 on 20 August 2021; it achieved a maximum of 4.96 on 16 June 2008.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-03-27 | 2.9842 |
| 2026-03-30 | 2.9062 |
| 2026-03-31 | 2.8537 |
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Series Metadata
| Field | Value |
|---|---|
| Description | 2-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 |
Series in the same data set
Discover the other time series included in this data set.