Amundi Physical Metals plc Issues New ETC Securities

Amundi Physical Metals plc announced the final terms for the issuance of 50,000 ETC Securities under the Amundi Physical Gold ETC program. This constitutes Tranche 863 and contributes to a total series issuance of 68,594,237 ETC Securities. The series originally commenced on 24 May 2019 and features a scheduled maturity date of 23 May 2118.

The ETC Securities are linked to secured precious metal and represent an initial metal entitlement of 0.04 fine troy ounces per security. The issuance process was approved on 25 April 2019. HSBC Bank plc and several other financial entities, including BNP Paribas Arbitrage SNC and Virtu Financial Ireland, are authorized offerors for these securities.

Trading applications have been made for the London Stock Exchange and other major exchanges such as Euronext Paris and the Deutsche Börse. The total expense ratio for these securities is maintained at 0.12% per annum.