France regulated savings rate: popular savings account (LEP)
France regulated savings rate: popular savings account (LEP) stood at 2.5% 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 Jun 1982 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 | |||||||||||
| Popular savings account (LEP) | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.7 | |
| Home savings account (CEL) | 1.25 | 1.25 | 1.25 | 1 | 1 | 1 | 1 | 1 | 1 | 1.25 |
Understanding france regulated savings rate: popular savings account (LEP)
The reported metric specifies the administrative percentage yield granted on a targeted, means-tested tax-exempt savings instrument designed for lower-income retail depositors. The series isolates this specific high-yield passbook account, separating its performance from standard, universally accessible savings vehicles and corporate deposit facilities. It captures only the regulated rate ceiling mandated by public authorities, omitting any additional commercial bonuses or penalty structures.
Evaluation of this figure requires recognizing that eligibility is legally restricted based on personal income tax thresholds, setting it apart from broader retail metrics. Users should track official government decree schedules rather than looking for seasonal patterns or monthly market-driven volatility. Comparing this rate with ordinary taxable passbook returns highlights the policy-driven premium intended to protect lower-income savings from inflation.
Frequently asked questions
- Who qualifies to open this specific savings account?
- Individuals whose annual reference taxable income falls below statutory ceilings are eligible to hold this account.
- Is the percentage yield higher than standard regulated passbooks?
- Yes, public authorities mandate a higher minimum yield to protect the purchasing power of lower-income depositors.
- Can a single depositor hold more than one of these accounts?
- No, strict regulatory controls limit each individual to holding exactly one such account across the entire banking system.