23-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 securities across all ratings, the instantaneous forward rate on euro-area government bonds at the 23-year maturity was 4.06 percent on 13 November 2025, compared to 4.04 on the previous day.
Sample. In the daily time series plotted above, there are a total of 5,418 data points. The time period covered by the series extends from September 2004 to November 2025.
History. Here's a peek at a few statistics calculated on the full sample: the forward rate averaged 3.58 percent; it registered a minimum of 0.89 on 11 March 2020; it achieved a maximum of 6.30 on 15 November 2011.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-11-11 | 4.0423 |
| 2025-11-12 | 4.0395 |
| 2025-11-13 | 4.0616 |
Nugget of wisdom. An advantage of using FetchSeries is that we publish rich metadata. Check it below to gain insights on the attributes of the series that you use in your work.
Not for investment purposes. Financial data made available on FetchSeries are not suitable for investment purposes or as a basis for financial-decision making. Users should obtain expert advice and do independent analysis before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | 23-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 |