5-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. As indicated by ECB's statistics calculated on securities across all ratings, the instantaneous forward rate on euro-area government bonds at the 5-year maturity was 3.42 percent on 24 September 2025, compared to 3.41 on 23 September 2025.
Sample. There are 5,382 data points in the daily series presented in the graph above. The series covers the time span going from September 2004 to September 2025.
History. Here are some simple statistics we computed on the entire sample: the forward rate hit a maximum of 5.37 percent on 28 November 2011; it reached its lowest level of -0.34 on 11 December 2020; it had a mean of 2.70.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-22 | 3.4144 |
| 2025-09-23 | 3.4097 |
| 2025-09-24 | 3.4226 |
Hint. One of the pros of using FetchSeries is that we publish accurate metadata. Find it below to better understand the characteristics of the series that you analyze.
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Series Metadata
| Field | Value |
|---|---|
| Description | 5-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.