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Legal Interest Rate: Definition and Calculation

Summary by Capital.fr
The statutory interest rate (ILR) is fixed every six months by government decree and published in the Official Gazette. It is of great economic importance, since it is used not only in banking, but in many other fields. Zoom on its function, its method of calculation, its two forms of simple rates and increased rates.

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The statutory interest rate (ILR) is fixed every six months by government decree and published in the Official Gazette. It is of great economic importance, since it is used not only in banking, but in many other fields. Zoom on its function, its method of calculation, its two forms of simple rates and increased rates.

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Capital.fr broke the news in on Friday, July 4, 2025.
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