21-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. According to European Central Bank's statistics computed on AAA-rated bonds, the instantaneous forward rate on euro-area government bonds at the 21-year maturity was 3.57 percent on 24 September 2025, compared to 3.58 on the previous day.
Sample. The daily series presented in the chart has 5,382 data points in total. The span of time covered by the series goes from September 2004 to September 2025.
History. Here are a few simple statistics calculated on the entire sample: the forward rate attained a maximum of 5.55 percent on 22 September 2008; it reached its minimum of -0.29 on 12 March 2020; it had an average value of 2.71.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-22 | 3.5684 |
| 2025-09-23 | 3.577 |
| 2025-09-24 | 3.566 |
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Not for investment purposes. Financial data available on FetchSeries are not intended for investment purposes or other financial decisions. Users should obtain professional advice and perform independent analysis before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | 21-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 |
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