Amundi Physical Metals plc Issues New Gold ETC Securities

Amundi Physical Metals plc, a notable player in the financial securities sector, has announced the issuance of 100,000 new ETC (Exchange Traded Commodities) securities under its Secured Precious Metal Linked programme, specifically the Amundi Physical Gold ETC. This tranche, identified as number 735, brings the aggregate number of ETC Securities in the series to over 62 million.

The initial metal entitlement, pegged at 0.04 fine troy ounces per security, has slightly adjusted to 0.0397. The scheduled maturity of these securities extends until 23 May 2118, offering a long-term investment horizon. The total expense ratio stands at 0.12% annually.

Trading applications are being made across several major stock exchanges including Euronext Paris, Euronext Amsterdam, Deutsche Börse, Borsa Italiana, the London Stock Exchange, and the Mexican Stock Exchange. HSBC, Jane Street Financial, and BNP Paribas are among the authorized participants facilitating these securities.