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. As indicated by European Central Bank's statistics computed on AAA securities, the instantaneous forward rate on euro-area government bonds at the 3-month maturity was 1.94 percent on 30 September 2025, unchanged with respect to 29 September.
Sample. In this daily series, there are 5,386 records. The series covers the time span going from September 2004 to September 2025.
History. Here are a few statistics we calculated on the entire sample: the forward rate had a mean of 0.92 percent; it hit a peak of 4.51 on 9 October 2008; it reached its minimum of -0.91 on 10 March 2017.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-26 | 1.9387 |
| 2025-09-29 | 1.9362 |
| 2025-09-30 | 1.9363 |
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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 |