Particle.news
Download on the App Store
7 ARTICLES
·
last mo.

Livret A Posts First Annual Net Outflow Since 2015 as Rate Cuts Bite

A further drop to 1.5% from 1 February points to continued pressure on household deposits.

Les épargnants ont retiré plus d’argent qu’ils n’en ont déposé sur leurs Livrets A l’an dernier, selon les données publiées jeudi 22 janvier 2026 par la Caisse des dépôts.
Le Livret A est détenu par 57 millions d’épargnants et concentre près de 450 milliards d’euros.
Les Français ont pioché dans leur Livret A en 2025.

Overview

  • France’s Caisse des dépôts reported a €2.12 billion net outflow from the Livret A in 2025, the first full‑year decollecte in a decade.
  • The account’s statutory rate fell from 3% to 2.4% in February and to 1.7% in August 2025, with a cut to 1.5% set for 1 February 2026.
  • Despite negative flows, capitalised interest lifted the Livret A’s outstanding balance by €9.24 billion in 2025, with Livret A and LDDS together reaching €615.2 billion at year‑end.
  • The LDDS recorded €1.65 billion in net inflows, while the LEP saw €840 million in net outflows and continues to be underused with about 12 million holders out of roughly 31 million eligible.
  • Analysts and CDC officials cite competition from assurance‑vie euro funds yielding around 2.65% and limited bank promotion, even as about 57 million savers still hold nearly €450 billion on Livret A.