Germany 29-year government bond yield
Germany 29-year government bond yield stood at 3.78% on Oct 19, 2026, according to Deutsche Bundesbank. It is one of the indicators in the Bond yields and yield curves (daily) table (Value · Daily), with a complete series running from Aug 1, 2000 to Oct 19, 2026. The complete series with an interactive chart, free to download.
This indicator in the Bond yields and yield curves (daily) table
| Indicator | 19-10-2026 | 16-10-2026 | 15-10-2026 | 14-10-2026 | 13-10-2026 | 12-10-2026 | 09-10-2026 | 08-10-2026 | 07-10-2026 | 06-10-2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Government bond yield curve | |||||||||||
| Residual maturity of 29.0 years | 3.78 | 3.78 | 3.74 | 3.8 | 3.79 | 3.83 | 3.84 | 3.88 | 3.85 | 3.82 | |
| Residual maturity of 30.0 years | 3.79 | 3.79 | 3.75 | 3.8 | 3.79 | 3.83 | 3.84 | 3.88 | 3.86 | 3.82 |
Understanding germany 29-year government bond yield
Capturing the estimated return on German federal debt just one step away from the longest standard benchmark, this metric is derived through the continuous evaluation of outstanding central government obligations. By isolating a residual maturity of 29.0 years, it maps the extreme long end of the sovereign curve, reflecting the compensation required for committing capital over a multi-decade span. The underlying statistical model processes pricing data from a range of traded issues, ensuring that idiosyncratic liquidity variations in specific bonds are smoothed out. It explicitly excludes all Pfandbriefe and corporate securities, focusing entirely on the highest tier of domestic sovereign credit risk.
Evaluating these daily yields is best done by examining the spread against shorter maturities over extended periods, as unadjusted daily changes are highly susceptible to global monetary policy shifts. The mathematical nature of the curve estimation means that there are no periodic statistical revisions, though users should be mindful of breaks caused by the introduction of new long-dated federal securities into the secondary market. Assessing the metric on a year-on-year basis smooths out short-term volatility and highlights underlying shifts in structural economic expectations. Care should be taken when aligning this series with foreign sovereign yields, as differing national issuance schedules can create structural misalignments at these extreme maturity horizons.
Frequently asked questions
- Does this data point track zero-coupon bonds?
- The model relies primarily on standard coupon-bearing federal bonds, mathematically adjusting their cash flows to determine a theoretical yield at this exact maturity.
- Are state government debts included in this calculation?
- The basket of securities used to estimate this curve is strictly limited to federal government debt, excluding state or municipal issuances.
- Why compare this yield against shorter maturities?
- Observing the gap between this ultra-long horizon and shorter terms illustrates market consensus on future economic growth and long-term monetary policy trajectories.