Infotech

Renewed interest in Livret A



Posted Feb 22 2022 at 17:57Updated Feb 22. 2022 at 06:23 PM

After three consecutive months of fundraising, Livret A starts the year 2022 with a bang. Payments into the preferred investment of the French exceeded withdrawals by 6.25 billion euros in January, according to figures from Caisse des Dépôts published on Tuesday. Renewed interest in the Livret A, which brings the outstanding amount to a record level of 349.6 billion euros. For its part, the Sustainable Development and Health Booklet (LDDS) recorded an inflow of 550 million euros, an amount comparable to December, bringing its outstanding amount to 126.8 billion euros.

The first months of the year are traditionally generous for regulated savings accounts, with savers transferring part of their end-of-year bonus or their tax surplus. “8.7 million tax households received, as of January 17, 5.3 billion euros in reductions and tax credits in respect of their 2021 income”, recalls Philippe Crevel, director of the Cercle de l’ Saving. By way of comparison, the Livret A had earned 6.32 billion euros in January 2021 and 4.13 billion euros in January 2020.

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