Full house for the Livret A. As soon as the remuneration of this savings product rose to 2%, on August 1, the French rushed to garnish it more than usual.
Last month, net inflows reached 4.49 billion euros, a level not seen in August since 2009. The current yield obviously has a lot to do with it.
For the majority of French people who can still fill this account - the ceiling is €22,950, while the average outstanding amount is €5,800 - the Livret A is unbeatable.
“For these savers, this is the best investment today.
There are no entry fees or taxes, and it is completely liquid and guaranteed.
Who does better?
recalls Cyrille Chartier-Kastler, founder of the Good Value for Money site.
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With its rate rising sharply, the Livret A will become attractive again
The Livret A now clearly widens the gap with other guaranteed investments: the euro life insurance fund and its meager 1%, or even more unregulated bank books, at 0.1% on average.
He no longer has to blush either in the face of…
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