9-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. As indicated by ECB's statistics computed on bonds across all ratings, the instantaneous forward rate on euro-area government bonds at the 9-month maturity was 2.01 percent on 30 September 2025, compared to 2.00 on 29 September 2025.
Sample. In this daily time series, there are 5,386 records overall. The period covered by the series is from September 2004 to September 2025.
History. Here's a snapshot of a few simple statistics computed on the full sample: the forward rate reached a minimum of -0.71 percent on 19 November 2021; it attained a maximum of 4.85 on 9 June 2008; it had a mean of 1.33.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-26 | 2.0141 |
| 2025-09-29 | 2.0017 |
| 2025-09-30 | 2.0072 |
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Series Metadata
| Field | Value |
|---|---|
| Description | 9-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 |