8-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 European Central Bank's statistics calculated on AAA bonds, the instantaneous forward rate on euro-area government bonds at the 8-month maturity was 1.94 percent on 24 September 2025, compared to 1.95 on the previous day.
Sample. There are 5,382 observations in the daily time series shown in the plot above. The series covers the time span stretching from September 2004 to September 2025.
History. Here's a snapshot of a few summary statistics calculated on the entire sample: the forward rate hit a peak of 4.79 percent on 9 June 2008; it reached a minimum of -0.96 on 12 March 2020; it had a mean value of 0.97.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-22 | 1.9395 |
| 2025-09-23 | 1.9451 |
| 2025-09-24 | 1.9382 |
Heads-up. One of the pros of using our web site is that we give you rich metadata. Find it below to gain insights on the characteristics of the indicators that you analyze.
Not for investment purposes. Data found on this web site are not intended for investment purposes or as a basis for financial-decision making. Users should seek expert advice and perform independent analysis before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | 8-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.