on Amundi Physical Metals Plc
Amundi Physical Metals plc: Gold-Linked ETC Securities Update
Amundi Physical Metals plc has announced the issuance of 90,000 ETC Securities under its secured precious metal programme. This issue, labeled as Tranche 618, contributes to a total of 46,612,455 ETC Securities in the series. The securities, linked to gold, have been admitted for trading across major European exchanges and the Mexican Stock Exchange.
With a scheduled maturity date extending to 23 May 2118, these ETC Securities offer investors exposure to gold prices. The initial and subscription metal entitlements are 0.04 and 0.03969818 fine troy ounces, respectively. Authorised participants include prominent financial institutions like HSBC Bank plc and BNP Paribas Arbitrage SNC.
Amundi Physical Metals plc has scheduled a nominal amount of USD 5.085 and a specified interest amount of USD 0.051. The Total Expense Ratio stands at 0.12% per annum. These specifics align with Amundi's strategy to offer secure, gold-backed investment opportunities.
R. H.
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