5-month 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 European Central Bank's statistics calculated on bonds across all ratings, the instantaneous forward rate on euro-area government bonds at the 5-month maturity was 2.04 percent on 29 December 2025, compared to 2.06 on 24 December 2025.
Sample. In this daily series, there are a total of 5,448 records. The time range covered by the series goes from September 2004 to December 2025.
History. Here are a few simple statistics calculated on the whole sample: the forward rate reached its minimum of -0.75 percent on 19 November 2021; it recorded its highest level of 4.57 on 9 June 2008; it had a mean of 1.21.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-12-23 | 2.0516 |
| 2025-12-24 | 2.0553 |
| 2025-12-29 | 2.0422 |
Heads-up. We organize indicators into worksheets and datasets for our users' convenience. By scrolling down, you will find how we structured further information linked to the statistics published here.
Not for investment purposes. Any financial data made available on this web site are not not supposed to be used for investment purposes or as a basis for making financial decisions. Users should consult professional advice and perform their own independent due diligence before taking any financial risk.
Series Metadata
| Field | Value |
|---|---|
| Description | 5-month 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.