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LONDON - Amundi Physical Metals plc announced on Tuesday the issuance of 207,000 ETC (Exchange Traded Commodity) securities as part of its Amundi Physical Gold ETC program, representing Tranche 743 of the series.
The newly issued securities will bring the total number of ETC securities in the series to 63,922,859, according to the company’s final terms statement. Each security provides investors with exposure to physical gold without requiring them to take physical delivery of the metal.
The ETC securities have a metal entitlement of 0.03965889 fine troy ounces of gold per security as of the subscription trade date. They are scheduled to be issued on September 3, 2025, with a maturity date of May 23, 2118.
The securities will be admitted to trading on multiple regulated exchanges including Euronext Paris, Euronext Amsterdam, Deutsche Börse, Borsa Italiana, the London Stock Exchange, and the International Quotation System of the Mexican Stock Exchange.
Amundi’s gold ETC securities feature a total expense ratio of 0.12% per annum. The securities are backed by physical gold held in allocated accounts, with HSBC Bank plc serving as custodian.
Authorized participants for the securities include HSBC Bank plc, Jane Street Financial Limited, Flow Traders B.V., Optiver VOF, BNP Paribas Arbitrage SNC, and Virtu Financial Ireland Limited.
The information is based on a press release statement from Amundi Physical Metals plc.
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