Spiko Amundi Overnight Swap Fund (GBP) (GBPSAFO) stablecoin analytics
Answer First
What is Spiko Amundi Overnight Swap Fund (GBP) (GBPSAFO)?
GBPSAFO is the GBP share class of Spiko's Amundi-managed UCITS overnight-swap fund, authorized by France's AMF. The static profile records its British Pound-denominated NAV accounting mechanism as: GBP-denominated NAV-accreting UCITS share class with KYC-gated subscriptions and redemptions through Spiko. Orders are centralized by 3 p.m.
Is GBPSAFO safe?
GBPSAFO holds a C- Safety Score grade (53/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Spiko Amundi Overnight Swap Fund (GBP) uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with live reserve feed configured; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Spiko Amundi Overnight Swap Fund (GBP) (GBPSAFO) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg British Pound-denominated NAV.
AI summary / Updated Sep 7, 2026
GBPSAFO is the GBP share class of Spiko's AMF-authorized UCITS Amundi Smart Cash MMF, a permissioned NAV share that accretes value from a fully collateralized overnight total-return swap. The reserve description follows the same swap structure as the USD and EUR SAFO classes, so the RWA risk model is medium: returns depend on a swap counterparty and a collateral basket marked daily, with a UCITS depositary in between, and the fund's first financial year has not closed, so no auditor certification exists yet.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: Spiko Smart Cash legal documentation
- Collateral
- GBP share class of the Spiko Amundi Overnight Swap Fund. The September 2026 prospectus permits bonds, equities and money-market instruments hedged through total-return swaps with one or more counterparties. Its GBP objective is SONIA + 0.50% before share-class fees; BNP Paribas is identified as the initial counterparty. CACEIS Bank is the depositary.
- Peg Mechanism
- GBP-denominated NAV-accreting UCITS share class with KYC-gated subscriptions and redemptions through Spiko. Orders are centralized by 3 p.m. Paris time; the management company may cap redemptions when net requests reach 25% of sub-fund assets, for up to 20 valuation days over three months.
- Jurisdiction
- France / AMF / UCITS SICAV sub-fund
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Next Actions
Exact bot target: /subscribe dews,depeg,safety gbpsafo-spiko
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
GBPSAFO quick answers
What is Spiko Amundi Overnight Swap Fund (GBP) (GBPSAFO)?
GBPSAFO is the GBP share class of Spiko's Amundi-managed UCITS overnight-swap fund, authorized by France's AMF. The static profile records its British Pound-denominated NAV accounting mechanism as: GBP-denominated NAV-accreting UCITS share class with KYC-gated subscriptions and redemptions through Spiko. Orders are centralized by 3 p.m.
Is GBPSAFO safe?
GBPSAFO holds a C- Safety Score grade (53/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Spiko Amundi Overnight Swap Fund (GBP) uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with live reserve feed configured; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs GBPSAFO?
Pharos classifies GBPSAFO backing as Real-World Asset Backed. Collateral, per the static profile: GBP share class of the Spiko Amundi Overnight Swap Fund. The September 2026 prospectus permits bonds, equities and money-market instruments hedged through total-return swaps with one or more counterparties. Reserve evidence: live reserve feed configured.
Can GBPSAFO be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for GBPSAFO, when applicable, appear in the dossier below.
