4-month 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. Based on ECB's statistics calculated on AAA bonds, the instantaneous forward rate on euro-area government bonds at the 4-month maturity stood at 1.93 percent on 24 September 2025, versus 1.94 on 23 September.
Sample. There are 5,382 data points in the daily time series presented in the chart above. The time span covered by the series extends from September 2004 to September 2025.
History. Here's a peek at some summary statistics computed on the whole sample: the forward rate had a mean value of 0.93 percent; it reached a maximum of 4.46 on 9 June 2008; it reached its lowest level of -0.91 on 10 March 2017.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-22 | 1.9415 |
| 2025-09-23 | 1.9367 |
| 2025-09-24 | 1.9336 |
Tip. Our metadata often include links to the sources of the data we provide. You can use these links to discover more details.
Not for investment purposes. Information collected and published on this web site is not intended for investment purposes or as a basis for making financial decisions. Users should consult professional advice and perform their own independent due diligence before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | 4-month 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 |
Series in the same data set
Discover the other time series included in this data set.