Amundi Physical Metals plc Issues New ETC Securities

Amundi Physical Metals plc has announced the issuance of 570,000 ETC Securities, marking the 668th tranche of their Amundi Physical Gold ETC. This issuance, dated 13 March 2025, expands the aggregate number of ETC Securities to over 55 million. The current issue falls under the Secured Precious Metal Linked ETC Securities Programme, established to offer exposure to gold prices.

The ETC Securities are listed on several major exchanges, including Euronext Paris, Euronext Amsterdam, Deutsche Börse, Borsa Italiana, and the London Stock Exchange. The total net proceeds from this issuance amount to approximately USD 65.98 million, with estimated total expenses for admission to trading at €3,000.

Key financial players involved include HSBC Bank, BNP Paribas, and Merrill Lynch. The issuer's Total Expense Ratio stands at 0.12% per annum. With a scheduled maturity date of May 2118, the offering presents a long-term investment opportunity tied to the gold market.