27-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 computed on securities across all ratings, the instantaneous forward rate on euro-area government bonds at the 27-year maturity stood at 3.74 percent on 30 September 2025, compared to 3.72 on the previous day.
Sample. There are 5,386 data points overall in the daily time series displayed in the figure above. The series covers the span of time going from September 2004 to September 2025.
History. Have a look at some simple statistics we computed on the entire sample: the forward rate was equal on average to 3.50 percent; it hit a minimum of 0.87 on 11 March 2020; it hit a maximum of 6.30 on 15 November 2011.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-26 | 3.7558 |
| 2025-09-29 | 3.7181 |
| 2025-09-30 | 3.7435 |
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Series Metadata
| Field | Value |
|---|---|
| Description | 27-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 |