20-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 European Central Bank's statistics calculated on securities across all ratings, the instantaneous forward rate on euro-area government bonds at the 20-year maturity stood at 4.57 percent on 22 June 2026, the same as on 19 June 2026.
Sample. There are 5,570 data points overall in the daily time series presented in the graph above. The time range covered by the series stretches from September 2004 to June 2026.
History. Take a look at some descriptive statistics computed on the full sample: the forward rate recorded a minimum of 0.90 percent on 11 March 2020; it reached its maximum of 6.30 on 15 November 2011; it had a mean of 3.67.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-06-18 | 4.5131 |
| 2026-06-19 | 4.567 |
| 2026-06-22 | 4.5668 |
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Series Metadata
| Field | Value |
|---|---|
| Description | 20-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.