France regulated savings rate: Livret A
France regulated savings rate: Livret A stood at 1.7% in Oct 2026, according to ECB Data Portal – MFI interest rate statistics (MIR), reported by Banque de France. It is one of the indicators in the Bank interest rates and new loans table (Value · Monthly), with a complete series running from Jan 1966 to Oct 2026. The complete series with an interactive chart, free to download.
This indicator in the Bank interest rates and new loans table
| Indicator | 10-2026 | 09-2026 | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest rates on regulated savings products | |||||||||||
| Livret A | 1.7 | 1.7 | 1.7 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.7 | |
| Sustainable and solidarity development savings account (LDDS) | 1.7 | 1.7 | 1.7 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.7 |
Understanding france regulated savings rate: Livret A
This statistical series tracks the officially mandated nominal remuneration yield applicable to a specific category of tax-exempt retail savings instruments widely held across the banking system. The measure captures the exact baseline percentage return dictated by public authorities rather than free-market clearing yields negotiated between individual account holders and financial institutions. It exclusively isolates this specific high-volume passbook vehicle, leaving out commercial term deposits, unregulated savings accounts, and specialized housing contracts managed under distinct administrative frameworks.
Interpreting this metric requires acknowledging that shifts in the percentage yield occur on fixed administrative cycles rather than responding instantaneously to monthly macroeconomic fluctuations. Analysts should observe multi-year shifts and administrative announcements rather than month-on-month variations, which remain non-existent between scheduled government resets. Comparing this yield directly with standard commercial bank deposit rates can be misleading because the tax-exempt status alters the true equivalent return for taxable earners.
Frequently asked questions
- Who determines the percentage return for this savings instrument?
- Public authorities set the yield formula based on inflation and money market rates, rather than individual banks.
- Are the earnings from this account subject to income tax?
- No, the interest generated is completely exempt from standard income tax and social levies.
- How often is the underlying percentage rate typically reviewed?
- The administrative review happens semi-annually, though authorities can apply exceptional adjustments if economic conditions require.