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 securities, the instantaneous forward rate on euro-area government bonds at the 5-year maturity was 3.29 percent on 12 November 2026, compared to 3.27 on 11 November 2026.
Sample. There are 5,673 data points in the daily time series presented in the chart above. The series covers the time range stretching from September 2004 to November 2026.
History. Here's a snapshot of some statistics we computed on the full sample: the forward rate reached a minimum of -0.89 percent on 9 March 2020; it peaked at 4.88 percent on 16 October 2008; it had a mean value of 2.14 percent.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-11-10 | 3.26980 |
| 2026-11-11 | 3.26710 |
| 2026-11-12 | 3.29410 |
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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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