Illustration booklet A. - SIPA

Bad news for savers. The rate of remuneration of the livret A will fall to 0.5% from February 1, announced on Wednesday the Minister of Economy and Finance, Bruno Le Maire, for whom this figure takes into account low rates and inflation. .

It would have been "irresponsible and incoherent" to maintain this rate at 0.75% compared to "our policy of investment diversification" and the "thousands of French people who are waiting for social housing", explained the minister during an interview. in the daily Le Parisien.

New formula

"The rate of remuneration of the passbook A must be fixed at the floor level of 0.5% as provided for in the new formula for calculating the rate of this savings product", had previously recommended the Governor of the Banque de France.

This formula, which is based on the average of short-term monetary interest rates and that of inflation for the last six months, results in a rate of 0.23%. "Therefore, it is the floor of 0.5% which must apply to determine the rate of the Livret A," said in a statement the French central bank.

  • Bruno Le Maire
  • Economy
  • Saving
  • Bank account
  • Bercy
  • Bank
  • A booklet