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. Based on ECB's statistics calculated on bonds across all ratings, the instantaneous forward rate on euro-area government bonds at the 27-year maturity was 4.00 percent on 29 December 2025, versus 3.98 on 24 December.
Sample. There are 5,448 records overall in the daily time series displayed in the plot above. The series covers the time period going from September 2004 to December 2025.
History. Here's a glimpse of a few descriptive statistics computed on the full sample: the forward rate peaked at 6.30 percent on 15 November 2011; it recorded a bottom of 0.87 on 11 March 2020; it had a mean value of 3.50.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-12-23 | 3.9812 |
| 2025-12-24 | 3.9818 |
| 2025-12-29 | 4.0037 |
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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 |
Series in the same data set
Discover the other time series included in this data set.