Amundi Physical Metals plc: UK Final Terms Unveiled

Amundi Physical Metals plc has announced the final terms for its UK offering of ETC Securities under the Secured Precious Metal Linked ETC Securities Programme. The series Amundi Physical Gold ETC, identified by ISIN FR0013416716, involves the issuance of 540,000 ETC Securities in Tranche 633, with a scheduled maturity date set for 23 May 2118. The initial metal entitlement for this tranche is .03969309 fine troy ounces.

The ETC Securities are set to be listed on multiple major exchanges, including Euronext Paris, Euronext Amsterdam, the Deutsche Börse, Borsa Italiana, and the London Stock Exchange. The securities provide an opportunity for investors to gain exposure to the fluctuations in gold prices, with a total expense ratio of 0.12% per annum.

The offering sees HSBC Bank plc and Jane Street Financial Limited among the authorised participants. Notably, the issuance seeks to capitalize on the strong investor interest in gold securities as a hedge against market volatility.