7-month 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 European Central Bank's statistics calculated on bonds across all ratings, the instantaneous forward rate on euro-area government bonds at the 7-month maturity stood at 1.99 percent on 24 September 2025, the same as on 23 September.
Sample. There are 5,382 records in the daily series presented in the figure above. The series covers the period going from September 2004 to September 2025.
History. Here's a snapshot of a few descriptive statistics calculated on the entire sample: the forward rate reached its lowest level of -0.73 percent on 19 November 2021; it reached its highest level of 4.74 on 9 June 2008; it had an average value of 1.27.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-22 | 1.9906 |
| 2025-09-23 | 1.9912 |
| 2025-09-24 | 1.9875 |
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Series Metadata
| Field | Value |
|---|---|
| Description | 7-month 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 |
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