Overview
- In April the Livret A lost €1.28 billion, marking a fourth consecutive month of withdrawals and the weakest April on record since 2009.
- The decline is mainly linked to the Livret A rate falling to 1.5%, roughly half its level a year earlier, which has reduced the product's appeal to savers.
- Commercial alternatives have captured the flows, with assurance‑vie reporting strong collections including about €6 billion in March, as insurers offer higher effective yields and bonuses.
- Civil‑society groups and some politicians have criticised Caisse des dépôts plans to broaden how regulated deposits are used, warning that a shift toward projects like reactor financing could cut funds for social housing.
- About 58 million Livret A accounts hold roughly €445.2 billion in deposits, and officials including the economy minister and the Banque de France governor will review the regulated rate in mid‑July with possible modest increases under consideration.