Amundi Physical Metals' New ETC Securities Issue: Key Details

Amundi Physical Metals plc has announced the final terms for its issuance of 24,000 ETC Securities under its Amundi Physical Gold ETC series, part of its Secured Precious Metal Linked ETC Securities Programme. This tranche, numbered 630, further increases the aggregate number of ETC Securities to nearly 50 million. The initial metal entitlement per security was set at 0.04 fine troy ounces, slightly reduced to 0.03969348. The issue date is finalized for December 12, 2024, with maturity scheduled for May 23, 2118.

These securities are slated for listing and trading on multiple exchanges including Euronext Paris, Euronext Amsterdam, the London Stock Exchange, and Mexico's International Quotation System. The total expense ratio stands at 0.12% per annum, reflecting an investment opportunity tied to the gold price. Various authorized participants including HSBC and BNP Paribas will facilitate transactions.