5-year 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. According to European Central Bank's statistics computed on bonds across all ratings, the instantaneous forward rate on euro-area government bonds at the 5-year maturity was 3.37 percent on 30 September 2025, versus 3.40 on 29 September 2025.
Sample. The daily series plotted above has 5,386 observations overall. The time period covered by the series stretches from September 2004 to September 2025.
History. Here's a snapshot of some descriptive statistics computed on the whole sample: the forward rate hit a minimum of -0.34 percent on 11 December 2020; it attained a maximum of 5.37 on 28 November 2011; it had an average value of 2.70.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-26 | 3.4326 |
| 2025-09-29 | 3.3978 |
| 2025-09-30 | 3.3749 |
Suggestion. A benefit of using FetchSeries is that we provide well-crafted metadata. Check it below to better understand the attributes of the series that you analyze.
Not for investment purposes. Data accessible on this web site are not suitable for investment purposes or other financial decisions. Users should obtain expert advice and perform independent analysis before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | 5-year 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 |