11-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 11-year maturity stood at 4.52 percent on 24 September 2025, compared to 4.51 on 23 September.
Sample. There are 5,382 data points overall in the daily series shown in the chart above. The span of time covered by the series goes from September 2004 to September 2025.
History. Here's a glimpse of a few simple statistics computed on the whole sample: the forward rate hit a trough of 0.49 percent on 28 August 2019; it reached its highest level of 6.26 on 15 November 2011; it was equal on average to 3.61.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-22 | 4.5254 |
| 2025-09-23 | 4.5071 |
| 2025-09-24 | 4.5239 |
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Series Metadata
| Field | Value |
|---|---|
| Description | 11-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 |
Series in the same data set
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