5-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. Based on European Central Bank's statistics calculated on AAA-rated bonds, the instantaneous forward rate on euro-area government bonds at the 5-year maturity was 2.90 percent on 12 February 2026, versus 2.92 on 11 February 2026.
Sample. This daily time series has a total of 5,480 observations. The series covers the period extending from September 2004 to February 2026.
History. Check out some simple statistics calculated on the entire sample: the forward rate recorded a minimum of -0.89 percent on 9 March 2020; it reached a maximum of 4.88 on 16 October 2008; it had an average value of 2.10.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-02-10 | 2.9128 |
| 2026-02-11 | 2.9208 |
| 2026-02-12 | 2.9002 |
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Series Metadata
| Field | Value |
|---|---|
| Description | 5-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 |
Series in the same data set
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