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LONDON - Amundi Physical Metals plc announced the issuance of a new tranche of securities under its Secured Precious Metal Linked ETC Securities Programme. The company will issue 14,000 ETC (Exchange Traded Commodity) Securities as Tranche 772 of its Amundi Physical Gold ETC series.
Following this issuance, the total number of ETC Securities in the series will reach 66,291,759, according to the final terms document dated November 3, 2025. The newly issued securities will have a metal entitlement of 0.03965068 fine troy ounces of gold per security as of the subscription trade date.
The ETC Securities are scheduled to be issued on November 5, 2025, with a scheduled maturity date of May 23, 2118. They will be admitted to trading on multiple European exchanges, including Euronext Paris, Euronext Amsterdam, Deutsche Börse, Borsa Italiana, and the London Stock Exchange.
The securities carry a total expense ratio of 0.12% per annum, which funds the issuer's operational fee to Amundi Asset Management S.A.S. Each security has a nominal amount of $5.085, representing 10% of the issue price at the series issue date, and a specified interest amount of $0.051.
These gold-backed securities are designed to provide investors exposure to gold price movements without requiring physical delivery of the metal. The gold backing the securities is held by HSBC Bank plc as custodian.
The securities are secured, limited recourse obligations of the issuer, with the ISIN code FR0013416716. The announcement was made in a press release statement from Amundi Physical Metals.
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