23-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. Based on European Central Bank's statistics calculated on bonds across all ratings, the instantaneous forward rate on euro-area government bonds at the 23-year maturity was 4.16 percent on 24 September 2025, compared to 4.17 on the previous day.
Sample. This daily time series has 5,382 records overall. The series covers the time range stretching from September 2004 to September 2025.
History. Have a look at a few statistics we calculated on the whole sample: the forward rate reached a minimum of 0.89 percent on 11 March 2020; it achieved a maximum of 6.30 on 15 November 2011; it had a mean value of 3.58.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-22 | 4.197 |
| 2025-09-23 | 4.17 |
| 2025-09-24 | 4.1634 |
Nugget of wisdom. We categorize indicators into data sets and worksheets to simplify exploration. By moving down the page, you will find how we structured further material linked to the statistics provided here.
Not for investment purposes. Any data shared on this web site are not suitable for investment purposes or any other financial decision. Users should seek professional advice and do their own independent due diligence before pledging money to any investment.
Series Metadata
| Field | Value |
|---|---|
| Description | 23-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
Discover the other time series included in this data set.