28-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 securities across all ratings, the instantaneous forward rate on euro-area government bonds at the 28-year maturity was 3.89 percent on 12 February 2026, versus 3.97 on 11 February 2026.
Sample. There are 5,480 observations in the daily series presented in the chart above. The series covers the time span stretching from September 2004 to February 2026.
History. Here's a snapshot of some simple statistics computed on the full sample: the forward rate had a mean value of 3.48 percent; it reached a minimum of 0.86 on 11 March 2020; it hit a peak of 6.30 on 15 November 2011.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-02-10 | 3.9702 |
| 2026-02-11 | 3.9739 |
| 2026-02-12 | 3.8879 |
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Series Metadata
| Field | Value |
|---|---|
| Description | 28-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.