20-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. As indicated by ECB's statistics calculated on AAA-rated bonds, the instantaneous forward rate on euro-area government bonds at the 20-year maturity stood at 3.83 percent on 12 November 2026, compared to 3.82 on the previous day.
Sample. There are 5,673 records in the daily time series displayed in the plot above. The series covers the time span stretching from September 2004 to November 2026.
History. Take a look at some simple statistics calculated on the full sample: the forward rate reached its highest level of 5.54 percent on 22 September 2008; it reached its minimum of -0.29 percent on 12 March 2020; it had an average value of 2.80 percent.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-11-10 | 3.77340 |
| 2026-11-11 | 3.81930 |
| 2026-11-12 | 3.83040 |
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Series Metadata
| Field | Value |
|---|---|
| Description | 20-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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