9-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. According to ECB's statistics calculated on AAA-rated securities, the instantaneous forward rate on euro-area government bonds at the 9-month maturity stood at 1.94 percent on 24 September 2025, compared to 1.95 on 23 September.
Sample. There are 5,382 data points in the daily time series presented in the figure above. The time range covered by the series stretches from September 2004 to September 2025.
History. Here's a glimpse of some summary statistics calculated on the full sample: the forward rate had a mean of 0.98 percent; it reached a maximum of 4.83 on 9 June 2008; it reached its minimum of -0.97 on 12 March 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-22 | 1.9425 |
| 2025-09-23 | 1.9503 |
| 2025-09-24 | 1.9426 |
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Series Metadata
| Field | Value |
|---|---|
| Description | 9-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
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