Revised every six months, the interest rates have been known since last Friday. Day of the update of INSEE statistics on price increases for June, on which their calculation is based. At first glance, thanks to the decline in inflation, the theoretical rate of the Livret A should reach 4.10% next August, against 3% last February. Good news for Livret A savers as for those of LDDS, whose rate is similar. However, as Capital indicates, the Banque de France risks taking a decision against the two booklets.
The Governor of the Banque de France, François Villeroy de Galhau, intends to limit the increase in their yield. The reason ? Too high a rise in the theoretical interest rate would have a negative impact on banks and the banking sector as a whole. The social housing sector could also be weakened, because financed with the Livret A.
Too high a rise in the Livret A interest rate would be problematic for the construction and renovation of HLMs. Because, the more the remuneration of this savings product increases, the more the financing of social housing costs. According to Capital, the rate could then peak at 3.5%. But nothing is certain for the moment. The Governor of the Banque de France must deliver his opinion on the subject to the Minister of the Economy, Bruno Le Maire in a few days. For the LEP, no suspense. Fixed at 6.1% since February 1, its yield will drop slightly to 5.6% from August 1.
