8-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. According to European Central Bank's statistics calculated on securities across all ratings, the instantaneous forward rate on euro-area government bonds at the 8-month maturity was 2.75 percent on 31 March 2026, versus 2.76 on 30 March.
Sample. There are 5,514 records overall in the daily series shown in the graph above. The time range covered by the series stretches from September 2004 to March 2026.
History. Here’s a quick look at some descriptive statistics we computed on the full sample: the forward rate had a mean of 1.32 percent; it hit a peak of 4.81 on 9 June 2008; it reached a trough of -0.72 on 19 November 2021.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-03-27 | 2.8285 |
| 2026-03-30 | 2.7646 |
| 2026-03-31 | 2.749 |
Tip. We group time series into worksheets and datasets to simplify exploration. By scrolling down, you will discover how we arranged further material linked to the statistics provided here.
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Series Metadata
| Field | Value |
|---|---|
| Description | 8-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.