Latest Financial statements and Ratings

Caisse des Dépôts, french public financial institution, is a state agency.

Caisse des Dépôts benefits from the same rating as the French state.

Two laws grant it's highly protective status:

  • Immunity to liquidation and bankruptcy (French law of 25 January 1985 - art L 631-2 and L 640-2 of the French commercial code)
  • Solvency protection: French Law 80-539 of 16 July 1980.

Ratings

Ratings: 

Reports from Fitch, Moody's and S&P's, rating agencies

Download S&P RatingsDirect - Jun 26, 2026 PDF - 152 KB

Download Fitch Ratings - June 12, 2026 PDF - 280 KB

Download Moody's Credit Opinion - October 30, 2025 PDF - 83 KB

Download Moody's Ratings - October 28, 2025 PDF - 54 KB

Download Moody's Issuer Profile Caisse des Dépôts - October 7, 2025 PDF - 412 KB

Notations:

Caisse des Dépots:

  • Standar & Poor's: A+/A-1
  • Moody's: Aa3/P-1
  • Fitch: A+/F1+

EMTN & BMTN Programmes:

  • Standar & Poor's: A+
  • Moody's: Aa3
  • Fitch: A+

CD Programme:

  • Standar & Poor's: A-1
  • Moody's: P-1
  • Fitch: F1+

Global CP Programme:

  • Standar & Poor's: A-1
  • Moody's: P-1
  • Fitch: F1+

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