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 European Central Bank's statistics calculated on securities across all ratings, the instantaneous forward rate on euro-area government bonds at the 27-year maturity stood at 3.97 percent on 12 February 2026, compared to 4.05 on the previous day.
Sample. There are 5,480 observations overall in the daily series presented in the plot above. The time range covered by the series is from September 2004 to February 2026.
History. Check out a few descriptive statistics calculated on the full sample: the forward rate had an average value of 3.50 percent; it recorded its maximum of 6.30 on 15 November 2011; it reached its lowest level of 0.87 on 11 March 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-02-10 | 4.0465 |
| 2026-02-11 | 4.0502 |
| 2026-02-12 | 3.9665 |
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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.