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 4.31 percent on 29 December 2025, compared to 4.30 on 24 December 2025.
Sample. This daily time series has 5,448 observations overall. The period covered by the series is from September 2004 to December 2025.
History. Here’s a quick look at a few simple statistics calculated on the whole sample: the forward rate reached a minimum of 0.89 percent on 11 March 2020; it reached its maximum of 6.30 on 15 November 2011; it had a mean value of 3.59.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-12-23 | 4.3012 |
| 2025-12-24 | 4.3017 |
| 2025-12-29 | 4.3106 |
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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 |
Series in the same data set
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