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 ECB's statistics calculated on securities across all ratings, the instantaneous forward rate on euro-area government bonds at the 5-month maturity was 3.09 percent on 12 November 2026, versus 3.06 on the previous day.
Sample. There are 5,673 data points in the daily series displayed in the figure above. The series covers the period stretching from September 2004 to November 2026.
History. Here’s a quick look at a few statistics calculated on the whole sample: the forward rate hit a trough of -0.75 percent on 19 November 2021; it reached its maximum of 4.57 percent on 9 June 2008; it averaged 1.26 percent.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-11-10 | 3.03380 |
| 2026-11-11 | 3.06100 |
| 2026-11-12 | 3.09020 |
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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.