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. According to European Central Bank's statistics calculated on bonds across all ratings, the instantaneous forward rate on euro-area government bonds at the 28-year maturity was 3.65 percent on 13 November 2025, versus 3.62 on 12 November 2025.
Sample. This daily series has 5,418 data points overall. The series covers the time span going from September 2004 to November 2025.
History. Here's a peek at a few descriptive statistics we calculated on the full sample: the forward rate had a mean value of 3.48 percent; it reached its lowest level of 0.86 on 11 March 2020; it attained a maximum of 6.30 on 15 November 2011.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-11-11 | 3.615 |
| 2025-11-12 | 3.6225 |
| 2025-11-13 | 3.6455 |
Tip. To simplify research, we organize series into worksheets and datasets. By scrolling down, you will discover how we structured further material linked to the statistics published here.
Not for investment purposes. Data and any other information published on this web site are not intended for investment purposes or as a basis for financial-decision making. Users should obtain professional advice and perform independent analysis before making any financial commitments.
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 |