3-month 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. According to ECB's statistics computed on AAA-rated securities, the instantaneous forward rate on euro-area government bonds at the 3-month maturity was 1.97 percent on 12 February 2026, as on the previous day.
Sample. There are 5,480 observations in the daily series presented in the figure above. The series covers the time span extending from September 2004 to February 2026.
History. Here's a peek at a few statistics computed on the whole sample: the forward rate hit a peak of 4.51 percent on 9 October 2008; it reached its minimum of -0.91 on 10 March 2017; it had a mean value of 0.94.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-02-10 | 1.9581 |
| 2026-02-11 | 1.971 |
| 2026-02-12 | 1.9742 |
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Series Metadata
| Field | Value |
|---|---|
| Description | 3-month 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 |
Series in the same data set
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