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. According to European Central Bank's statistics computed on AAA securities, the instantaneous forward rate on euro-area government bonds at the 20-year maturity was 3.90 percent on 12 February 2026, compared to 3.92 on 11 February.
Sample. There are 5,480 records in the daily series displayed in the chart above. The series covers the time range stretching from September 2004 to February 2026.
History. Here's a glimpse of a few summary statistics we computed on the whole sample: the forward rate hit a peak of 5.54 percent on 22 September 2008; it hit a minimum of -0.29 on 12 March 2020; it had a mean of 2.76.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-02-10 | 3.9166 |
| 2026-02-11 | 3.9166 |
| 2026-02-12 | 3.8976 |
Nugget of wisdom. A plus of using our web site is that we give you complete metadata. Check it below to better understand the properties of the time series that you analyze.
Not for investment purposes. Content disseminated on this web site is not not supposed to be used for investment purposes or other financial decisions. Users should seek expert advice and perform their own independent due diligence before taking any financial risk.
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
Discover the other time series included in this data set.