Amundi Physical Metals issues new tranche of gold-backed ETCs

Published 21/11/2025, 16:34
Amundi Physical Metals issues new tranche of gold-backed ETCs

LONDON - Amundi Physical Metals plc announced the issuance of 32,000 new ETC (Exchange Traded Commodity) Securities as part of its Amundi Physical Gold ETC program, according to a statement released Friday.

The new securities represent Tranche 782 of the series and will bring the total number of Amundi Physical Gold ETC Securities in circulation to 66,894,759. Each ETC Security is backed by physical gold held in allocated accounts.

The securities have a scheduled maturity date of May 23, 2118, and carry a Total Expense Ratio of 0.12% per annum. The Metal Entitlement per security as of the subscription trade date is 0.03964846 fine troy ounces of gold.

Amundi’s gold-backed ETCs are currently listed on multiple European exchanges including Euronext Paris, Euronext Amsterdam, Deutsche Börse, Borsa Italiana, and the London Stock Exchange. They are also traded on the International Quotation System of the Mexican Stock Exchange.

The ETC Securities provide investors exposure to gold prices without requiring physical delivery of the metal. The gold backing the securities is held by HSBC Bank plc as custodian, primarily on an allocated basis in segregated accounts.

According to the company’s statement, the securities are secured, limited recourse obligations that rank equally amongst themselves. The final terms for this tranche were dated November 20, 2025.

Authorised Participants for the program include HSBC Bank plc, Jane Street Financial Limited, Flow Traders B.V., Optiver VOF, BNP Paribas Arbitrage SNC, and Virtu Financial Ireland Limited.

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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