27-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 27-year maturity was 3.80 percent on 24 September 2025, compared to 3.81 on 23 September 2025.
Sample. In this daily time series, there are 5,382 records overall. The time range covered by the series extends from September 2004 to September 2025.
History. Here's a glimpse of some summary statistics we calculated on the entire sample: the forward rate had a mean value of 3.50 percent; it recorded a minimum of 0.87 on 11 March 2020; it recorded a maximum of 6.30 on 15 November 2011.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-22 | 3.8353 |
| 2025-09-23 | 3.8086 |
| 2025-09-24 | 3.7975 |
Tip. For easier exploration, we group series into data sets and worksheets. By moving down the page, you will find how we structured further material related to the statistics provided here.
Not for investment purposes. Data series and other information distributed on this web site are not meant for investment purposes or as a basis for financial-decision making. Users should seek expert advice and perform their own independent due diligence before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | 27-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.