However,
Rate booklet should decrease drastically:
The Banque de France. In addition, the Minister of Economy Eric Lombard must rule on Wednesday on the new rate of remuneration for booklet A, expected around 1.7% from August 1 according to savings specialists, in clear drop in relation to the current 2.4%.
This withdrawal, unprecedented by its magnitude since 2009, would be the second of the year after a first decrease of 3% to 2.4% on February 1.
The French accumulate more than 600 billion euros in savings on booklets A and LDDS, capped respectively at 22,950 euros and 12,000 euros. Similarly, These booklets allow them to maintain guaranteed, available and tax exemption. In addition, The French are particularly fond.
The rate of booklet A is calculated every six months. However, mid-January and mid-July, from the average inflation rate (excluding tobacco) and rate booklet should decrease drastically an average rate of interbank interest depending on European monetary policy, on the semester which has just passed. However, these two elements have been down since the start of the year.
The estimate of 1.7% was made on Friday by Philippe Crevel. Consequently, director of the circle of savings, and Éric Dor, director of economic studies at the IESEG School of Management. Therefore,
Such a rate would remain higher than that of June inflation. measured at 1% over a year, according to the last publication of INSEE.
This 1.7% drop would offer a bowl of air to social housing actors. who borrow from the Livret A rate, and from banks, who will have less interest to pay to savers at the end of the year.
Iminently political. the Livret A rate has been the subject of frequent derogations in recent years rate booklet should decrease drastically – mainly to the disadvantage of savers.
– Modest. nuclear households –
Will the governor of the Banque de France, François Villeroy de Galhau, and Mr. Lombard. will they, however, grant a “boost” at the rate of the popular savings book (LEP), placement reserved for modest households, whose rate must also be announced on Wednesday? Its calculation rule would fix it in the state at 2.2%, significantly less than the current 3.5%.
The money placed on booklets A and LDDS is distributed between banks (40.5%) and the Caisse des Dépôts et Consignations (59.5%). Banks mainly transform it into credits for SMEs and VSEs.
The Caisse des Dépôts et Consignations (CDC). State financial arm, split, within the savings fund, its envelope in two. Half is dedicated to long -term loans to social housing and for city policy. The other half is invested in rate booklet should decrease drastically debt securities (mainly state) and in listed companies.
The CDC was criticized this year for the opacity of its investments. some of which are in companies engaged in oil production.
Faced with these criticisms, she replied that her exposure to fossil fuels “remains less than 5 billion euros”.
Since the end of 2024. the money from the savings fund has also arranged, via banks, towards loans dedicated to the energy and ecological transition.
It could also be used to finance the revival of nuclear in France. And “even if we finance the (nuclear reactors) EPR. we will always have enough money to finance social housing or local communities”, explained on June 19 on Franceinfo the new director general of the “Caisse”, Olivier Sichel.
Posted on July 16 at 4:22 am, AFP
Rate booklet should decrease drastically
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