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Amundi issues new tranche of physical gold ETC securities

Published 15/07/2025, 14:24
Amundi issues new tranche of physical gold ETC securities
AMGOLD
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LONDON - Amundi Physical Metals plc announced on Monday the issuance of 130,000 ETC (Exchange Traded Commodity) securities as part of its Amundi Physical Gold ETC program, representing Tranche 722 of the series.

Following this issuance, the total number of ETC securities in the series will reach 60,421,359, according to the company’s final terms document. The newly issued securities are scheduled to begin trading on July 16, 2025.

The Amundi Physical Gold ETC securities provide investors with exposure to gold prices without requiring physical delivery of the metal. Each security is backed by allocated physical gold held in custody by HSBC Bank plc.

The ETC securities carry a total expense ratio of 0.12% per annum. The metal entitlement per security as of the subscription trade date is 0.03966529 fine troy ounces of gold.

These securities are set to be admitted to trading on multiple European exchanges, including Euronext (EPA:ENX) Paris, Euronext Amsterdam, Deutsche Börse, Borsa Italiana, and the London Stock Exchange (LON:LSEG). They will also be available on the International Quotation System of the Mexican Stock Exchange.

The scheduled maturity date for the series is May 23, 2118, though early redemption may occur under specific conditions outlined in the terms.

Authorised participants for the ETC securities include HSBC Bank plc, Jane Street Financial Limited, Flow Traders B.V., Optiver VOF, BNP Paribas (OTC:BNPQY) Arbitrage SNC, and Virtu Financial (NYSE:VIRT) Ireland Limited.

This information is based on a press release statement from Amundi Physical Metals plc dated July 15, 2025.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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