29-year instantaneous forward rate on government bonds (percentage points; nominal; interpolated; AAA rating) - Euro area - ECB - Daily
This series is part of the dataset: Euro-area government bond yield curves (ECB)
Download Full Dataset (.xlsx)Latest updates. As indicated by ECB's statistics calculated on AAA-rated securities, the instantaneous forward rate on euro-area government bonds at the 29-year maturity stood at 2.90 percent on 30 September 2025, compared to 2.85 on 29 September.
Sample. There are 5,386 data points in the daily time series shown in the chart above. The period covered by the series stretches from September 2004 to September 2025.
History. Here's a glimpse of a few descriptive statistics calculated on the whole sample: the forward rate was equal on average to 2.45 percent; it reached a trough of -0.33 on 12 March 2020; it achieved a maximum of 5.56 on 22 September 2008.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-26 | 2.9262 |
| 2025-09-29 | 2.8521 |
| 2025-09-30 | 2.9033 |
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Series Metadata
| Field | Value |
|---|---|
| Description | 29-year rate ECB instantaneous forward yield curve (AAA 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 |