Overview
- Caisse des Dépôts data show a €1.95 billion net outflow from Livret A in September and a further €760 million withdrawn from LDDS.
- Combined Livret A and LDDS balances declined to €606.8 billion at end‑September from €609.5 billion a month earlier.
- Regulated rates dropped from 3% early 2025 to 2.4% on February 1 and 1.7% on August 1, with the CDC calling September the sharpest setback since the 2019 withholding‑tax reform reshaped deposit seasonality.
- Euro‑denominated life‑insurance funds have attracted deposits with an average declared return of 2.6% since January, a figure reported before taxes unlike Livret A’s net yield, according to the ACPR.
- LEP balances rose by €110 million to €80.7 billion, though spring eligibility‑related closures cut accounts to 11.8 million and left outstanding amounts €1.5 billion below end‑2024.