Xtrackers Issues Tranche 171 of Physical Silver ETC Securities
Xtrackers ETC plc (XGDU), an Ireland-based special purpose vehicle, has launched Tranche 171 of physical silver ETC securities under its Precious Metal Programme. The issuance, dated September 21, 2026, includes 6,697 securities priced at $91.6834 each, increasing the total in Series 3 to 3,211,335.
The securities have a scheduled maturity date of April 30, 2080 and offer investors long-term exposure to physical silver prices. They are denominated in US dollars and without FX hedging, meaning no foreign exchange risk is involved. The issue price represents an estimated total net proceeds of approximately $614,003.73.
J.P. Morgan Chase Bank, N.A., London Branch serves as Metal Agent, holding the physical silver backing on an allocated basis, ensuring specific identifiable metal is segregated from other client holdings. Clearstream Frankfurt is the designated clearing system, with CREST indirect clearing also applicable. The securities carry ISIN DE000A2T0VS9, SEDOL BKVD9G6, and WKN A2T0VS.