21-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. As indicated by ECB's statistics computed on bonds across all ratings, the instantaneous forward rate on euro-area government bonds at the 21-year maturity stood at 4.26 percent on 30 September 2025, compared to 4.24 on 29 September 2025.
Sample. There are 5,386 records overall in the daily series displayed in the chart above. The series covers the time range extending from September 2004 to September 2025.
History. Have a look at some descriptive statistics we computed on the entire sample: the forward rate hit a trough of 0.89 percent on 11 March 2020; it achieved a maximum of 6.30 on 15 November 2011; it had an average value of 3.62.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-26 | 4.2908 |
| 2025-09-29 | 4.2422 |
| 2025-09-30 | 4.2566 |
Heads-up. For easier exploration, we organize indicators into worksheets and datasets. Scrolling downwards, you will discover how we structured further material related to the statistics provided here.
Not for investment purposes. Data found on FetchSeries are not not supposed to be used for investment purposes or any other financial decision. Users should ask for professional advice and do their own independent due diligence before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | 21-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 |