Livret A: why his rate of pay could be revised upwards from May 1

0
39

the essential
Consequences of the high inflation linked to the war in Ukraine, the rate of remuneration of the booklet A could well be revised upwards on May 1st. The Banque de France must make a decision on this date.

Only two months after a first increase, the rate of remuneration of the Livret A could once again be revised upwards on May 1st. As of February 1, 2022, this had fallen from 0.5% to 1%. But the current context – a price increase linked to the war in Ukraine – could lead policymakers to put the cover back next month: the rate of remuneration could then peak at more than 1.25%.

Read also :
Livret A: direct debits may be authorized with the agreement of your bank

In practice, this increase must be decided on the basis of a recommendation from the Governor of the Banque de France. In normal times, the revision of the placement rate of the booklet A and the booklet of sustainable and solidarity development (LDDS) can only take place twice a year: on February 1 and August 1. Since July, however, the governor has been able to recommend a reassessment of these remuneration rates on May 1 and November 1, if the Banque de France “deems that the variation in inflation or in the money markets is very significant. “, explains the Ministry of the Economy on its website.

This is the case in France: according to INSEE, in a study published in March, prices have risen by 4.5% in the space of a year. This inflationary phenomenon has continued since the beginning of the war in Ukraine.

54.9 million French people vote for it

It remains to be seen how the rate of pay could be reassessed. Asked by the ParisianPhilippe Crevel, director of the Cercle de l’épargne, this could cap between 1.25% and 1.5%: the Banque de France must take into account interbank rates and inflation over the past twelve months, increased by a quarter point.

Read also :
Savings: should you choose the Livret d’Epargne Populaire rather than the Livret A?

In France, 54.9 million people hold an A booklet. On average, each of these booklets contains 5,500 euros. The livret A enjoys particular popularity: it is the third favorite investment of the French, behind the current account and life insurance. Another option: the popular savings account (LEP), reserved for low-income households. It currently offers a rate of return of 2.2%. It could also be reassessed and go to at least 3%.

LEAVE A REPLY

Please enter your comment!
Please enter your name here