diff --git a/docs_src/identity_assertion/tutorial001.py b/docs_src/identity_assertion/tutorial001.py
index 8a7e9a050b..8b562b979a 100644
--- a/docs_src/identity_assertion/tutorial001.py
+++ b/docs_src/identity_assertion/tutorial001.py
@@ -55,7 +55,7 @@ async def fetch_id_jag(audience: str, resource: str) -> str:
     storage=InMemoryTokenStorage(),
     client_id="finance-agent",
     client_secret="finance-agent-secret",
-    issuer="https://auth.example.com/",
+    issuer="https://auth.example.com",
     assertion_provider=fetch_id_jag,
     scope="notes:read",
 )
diff --git a/docs_src/identity_assertion/tutorial002.py b/docs_src/identity_assertion/tutorial002.py
index d537069f18..308cac7149 100644
--- a/docs_src/identity_assertion/tutorial002.py
+++ b/docs_src/identity_assertion/tutorial002.py
@@ -18,7 +18,7 @@
 from mcp.server.auth.routes import create_auth_routes
 from mcp.shared.auth import JWT_BEARER_GRANT_TYPE, OAuthClientInformationFull, OAuthToken
 
-ISSUER = "https://auth.example.com/"
+ISSUER = "https://auth.example.com"
 MCP_SERVER = "http://localhost:8001/mcp"
 IDP_ISSUER = "https://idp.example.com"
 IDP_SIGNING_KEY = "the-enterprise-idp-signing-key"
diff --git a/examples/stories/_shared/auth.py b/examples/stories/_shared/auth.py
index 3bedcd3ab9..bc56ce2502 100644
--- a/examples/stories/_shared/auth.py
+++ b/examples/stories/_shared/auth.py
@@ -11,7 +11,6 @@
 from urllib.parse import parse_qs, urlsplit
 
 import httpx
-from pydantic import AnyHttpUrl
 
 from mcp.server.auth.provider import (
     AccessToken,
@@ -164,8 +163,8 @@ def auth_settings(
     """
     scopes = required_scopes or ["mcp"]
     return AuthSettings(
-        issuer_url=AnyHttpUrl(BASE_URL),
-        resource_server_url=AnyHttpUrl(MCP_URL),
+        issuer_url=BASE_URL,  # type: ignore[arg-type]
+        resource_server_url=MCP_URL,  # type: ignore[arg-type]
         required_scopes=scopes,
         client_registration_options=ClientRegistrationOptions(enabled=True, valid_scopes=scopes, default_scopes=scopes),
         identity_assertion_enabled=identity_assertion_enabled,
diff --git a/examples/stories/identity_assertion/client.py b/examples/stories/identity_assertion/client.py
index bd13909801..1d7b04b353 100644
--- a/examples/stories/identity_assertion/client.py
+++ b/examples/stories/identity_assertion/client.py
@@ -32,7 +32,7 @@ def build_auth(_http: httpx.AsyncClient) -> httpx.Auth:
 
     `issuer` is configuration, not discovery: the provider fetches metadata from this issuer's
     well-known and never asks the MCP server which authorization server to use. The string must
-    equal the `issuer` its metadata serves byte for byte (note the trailing slash).
+    equal the `issuer` its metadata serves byte for byte.
     `Client(url, auth=...)` doesn't exist yet, so the harness threads this onto the underlying
     `httpx.AsyncClient` and hands `main` a target that is already routed through it.
     """
diff --git a/examples/stories/identity_assertion/server.py b/examples/stories/identity_assertion/server.py
index 8b0c8f4019..803171c48c 100644
--- a/examples/stories/identity_assertion/server.py
+++ b/examples/stories/identity_assertion/server.py
@@ -23,8 +23,7 @@
 DEMO_CLIENT_SECRET = "demo-finance-agent-secret"
 DEMO_SCOPE = "mcp"
 # The exact `issuer` string this authorization server's metadata serves. The client must configure
-# the byte-identical string: RFC 8414 issuer comparison is character for character, and the
-# settings' `AnyHttpUrl` renders the path-less loopback origin with a trailing slash.
+# the byte-identical string: RFC 8414 issuer comparison is character for character.
 ISSUER = str(auth_settings().issuer_url)
 
 
diff --git a/examples/stories/oauth_client_credentials/server.py b/examples/stories/oauth_client_credentials/server.py
index 7e3d910e8f..cd7a33ebe8 100644
--- a/examples/stories/oauth_client_credentials/server.py
+++ b/examples/stories/oauth_client_credentials/server.py
@@ -48,7 +48,7 @@ def whoami() -> Whoami:
     @mcp.custom_route("/.well-known/oauth-authorization-server", methods=["GET"])
     async def as_metadata(request: Request) -> JSONResponse:
         meta = OAuthMetadata(
-            issuer=AnyHttpUrl(BASE_URL),
+            issuer=BASE_URL,  # type: ignore[arg-type]
             authorization_endpoint=AnyHttpUrl(f"{BASE_URL}/authorize"),  # unused; required
             token_endpoint=AnyHttpUrl(f"{BASE_URL}/token"),
             grant_types_supported=["client_credentials"],
diff --git a/examples/stories/oauth_client_credentials/server_lowlevel.py b/examples/stories/oauth_client_credentials/server_lowlevel.py
index ba2003dedf..4e2d2a6602 100644
--- a/examples/stories/oauth_client_credentials/server_lowlevel.py
+++ b/examples/stories/oauth_client_credentials/server_lowlevel.py
@@ -46,7 +46,7 @@ async def call_tool(ctx: ServerRequestContext[Any], params: types.CallToolReques
 
     async def as_metadata(request: Request) -> JSONResponse:
         meta = OAuthMetadata(
-            issuer=AnyHttpUrl(BASE_URL),
+            issuer=BASE_URL,  # type: ignore[arg-type]
             authorization_endpoint=AnyHttpUrl(f"{BASE_URL}/authorize"),  # unused; required
             token_endpoint=AnyHttpUrl(f"{BASE_URL}/token"),
             grant_types_supported=["client_credentials"],
diff --git a/src/mcp/server/auth/routes.py b/src/mcp/server/auth/routes.py
index fa88dddcf4..f6fd7e1687 100644
--- a/src/mcp/server/auth/routes.py
+++ b/src/mcp/server/auth/routes.py
@@ -1,5 +1,5 @@
 from collections.abc import Awaitable, Callable
-from typing import Any
+from typing import Any, cast
 from urllib.parse import urlparse
 
 from pydantic import AnyHttpUrl
@@ -169,7 +169,7 @@ def build_metadata(
 
     # Create metadata
     metadata = OAuthMetadata(
-        issuer=issuer_url,
+        issuer=cast(AnyHttpUrl, str(issuer_url).rstrip("/")),
         authorization_endpoint=authorization_url,
         token_endpoint=token_url,
         scopes_supported=client_registration_options.valid_scopes,
@@ -237,8 +237,11 @@ def create_protected_resource_routes(
         List of Starlette routes for protected resource metadata
     """
     metadata = ProtectedResourceMetadata(
-        resource=resource_url,
-        authorization_servers=authorization_servers,
+        resource=cast(AnyHttpUrl, str(resource_url).rstrip("/")),
+        authorization_servers=cast(
+            list[AnyHttpUrl],
+            [str(server).rstrip("/") for server in authorization_servers],
+        ),
         scopes_supported=scopes_supported,
         resource_name=resource_name,
         resource_documentation=resource_documentation,
diff --git a/tests/client/test_auth.py b/tests/client/test_auth.py
index 1ec38ccf6f..7c4f23db76 100644
--- a/tests/client/test_auth.py
+++ b/tests/client/test_auth.py
@@ -1529,9 +1529,6 @@ async def mock_callback() -> AuthorizationCodeResult:
             "https://auth.example.com/register",
             "https://auth.example.com/revoke",
             id="simple-url",
-            marks=pytest.mark.xfail(
-                reason="Pydantic AnyUrl adds trailing slash to base URLs - fixed in Pydantic 2.12+"
-            ),
         ),
         pytest.param(
             "https://auth.example.com/",
@@ -1570,7 +1567,7 @@ def test_build_metadata(
 
     assert metadata.model_dump(exclude_defaults=True, mode="json") == snapshot(
         {
-            "issuer": Is(issuer_url),
+            "issuer": Is(issuer_url.rstrip("/")),
             "authorization_endpoint": Is(authorization_endpoint),
             "token_endpoint": Is(token_endpoint),
             "registration_endpoint": Is(registration_endpoint),
diff --git a/tests/docs_src/test_authorization.py b/tests/docs_src/test_authorization.py
index cde0cea5fd..c8814a3563 100644
--- a/tests/docs_src/test_authorization.py
+++ b/tests/docs_src/test_authorization.py
@@ -47,7 +47,7 @@ async def test_the_metadata_document_is_built_from_auth_settings() -> None:
     assert response.json() == snapshot(
         {
             "resource": "http://127.0.0.1:8000/mcp",
-            "authorization_servers": ["https://auth.example.com/"],
+            "authorization_servers": ["https://auth.example.com"],
             "scopes_supported": ["notes:read"],
             "bearer_methods_supported": ["header"],
         }
diff --git a/tests/docs_src/test_identity_assertion.py b/tests/docs_src/test_identity_assertion.py
index adfe23bad8..a432cb3772 100644
--- a/tests/docs_src/test_identity_assertion.py
+++ b/tests/docs_src/test_identity_assertion.py
@@ -137,7 +137,7 @@ async def test_the_metadata_advertises_the_grant_type_and_the_id_jag_profile() -
         response = await http_client.get("/.well-known/oauth-authorization-server")
     assert response.status_code == 200
     metadata = response.json()
-    assert metadata["issuer"] == "https://auth.example.com/"
+    assert metadata["issuer"] == "https://auth.example.com"
     assert "urn:ietf:params:oauth:grant-type:jwt-bearer" in metadata["grant_types_supported"]
     assert metadata["authorization_grant_profiles_supported"] == ["urn:ietf:params:oauth:grant-profile:id-jag"]
 
diff --git a/tests/interaction/auth/_provider.py b/tests/interaction/auth/_provider.py
index 0c54d4fd37..61cef456df 100644
--- a/tests/interaction/auth/_provider.py
+++ b/tests/interaction/auth/_provider.py
@@ -63,10 +63,10 @@ def __init__(
     ) -> None:
         self._default_scopes = list(default_scopes) if default_scopes is not None else ["mcp"]
         # The authorization-response iss must equal the AS metadata issuer the client recorded
-        # (RFC 9207 simple string comparison). `real_asm` builds the issuer from an AnyHttpUrl
-        # object, so it carries the trailing slash; the redirect iss matches it. Path-issuer
-        # tests pass the recorded issuer explicitly.
-        self._issuer = issuer if issuer is not None else f"{BASE_URL}/"
+        # (RFC 9207 simple string comparison). `build_metadata` serves path-less issuers without a
+        # trailing slash, so the redirect iss matches that canonical form. Path-issuer tests pass
+        # the recorded issuer explicitly.
+        self._issuer = issuer if issuer is not None else BASE_URL
         self._deny_authorize = deny_authorize
         self._issue_expired_first = issue_expired_first
         self._fail_next_refresh = fail_next_refresh
diff --git a/tests/interaction/auth/test_authorize_token.py b/tests/interaction/auth/test_authorize_token.py
index d4eb591b59..5b43e94feb 100644
--- a/tests/interaction/auth/test_authorize_token.py
+++ b/tests/interaction/auth/test_authorize_token.py
@@ -17,6 +17,7 @@
 import re
 from collections.abc import AsyncIterator
 from dataclasses import dataclass
+from typing import cast
 from urllib.parse import parse_qsl, quote, urlsplit
 
 import anyio
@@ -297,7 +298,7 @@ async def test_the_registered_auth_method_is_used_regardless_of_as_metadata_adve
     server = Server("guarded", on_list_tools=list_tools)
 
     override = OAuthMetadata(
-        issuer=AnyHttpUrl(f"{BASE_URL}/"),
+        issuer=cast(AnyHttpUrl, BASE_URL),
         authorization_endpoint=AnyHttpUrl(f"{BASE_URL}/authorize"),
         token_endpoint=AnyHttpUrl(f"{BASE_URL}/token"),
         registration_endpoint=AnyHttpUrl(f"{BASE_URL}/register"),
@@ -367,7 +368,7 @@ async def test_pkce_is_still_sent_when_as_metadata_omits_code_challenge_methods_
     completes. See the divergence on the requirement.
     """
     override = OAuthMetadata(
-        issuer=AnyHttpUrl(f"{BASE_URL}/"),
+        issuer=cast(AnyHttpUrl, BASE_URL),
         authorization_endpoint=AnyHttpUrl(f"{BASE_URL}/authorize"),
         token_endpoint=AnyHttpUrl(f"{BASE_URL}/token"),
         registration_endpoint=AnyHttpUrl(f"{BASE_URL}/register"),
diff --git a/tests/interaction/auth/test_discovery.py b/tests/interaction/auth/test_discovery.py
index 1317fd19de..6afb4b2706 100644
--- a/tests/interaction/auth/test_discovery.py
+++ b/tests/interaction/auth/test_discovery.py
@@ -11,6 +11,7 @@
 """
 
 import json
+from typing import cast
 
 import anyio
 import mcp_types as types
@@ -54,7 +55,7 @@ def discovery_gets(recorded: list[RecordedRequest]) -> list[str]:
 def real_asm() -> OAuthMetadata:
     """Build an authorization-server metadata document pointing at the real co-hosted endpoints."""
     return OAuthMetadata(
-        issuer=AnyHttpUrl(BASE_URL),
+        issuer=cast(AnyHttpUrl, BASE_URL),
         authorization_endpoint=AnyHttpUrl(f"{BASE_URL}/authorize"),
         token_endpoint=AnyHttpUrl(f"{BASE_URL}/token"),
         registration_endpoint=AnyHttpUrl(f"{BASE_URL}/register"),
@@ -100,7 +101,7 @@ async def test_prm_discovery_falls_back_from_path_well_known_to_root_on_404() ->
     server = Server("guarded", on_list_tools=list_tools)
 
     prm = ProtectedResourceMetadata(
-        resource=AnyHttpUrl(f"{BASE_URL}/mcp"), authorization_servers=[AnyHttpUrl(BASE_URL)]
+        resource=AnyHttpUrl(f"{BASE_URL}/mcp"), authorization_servers=[cast(AnyHttpUrl, BASE_URL)]
     )
     app_shim = shim(
         not_found=frozenset({PRM_PATH_SUFFIXED}),
@@ -188,7 +189,7 @@ async def test_prm_with_a_mismatched_resource_aborts_the_flow_before_authorize()
     server = Server("guarded", on_list_tools=list_tools)
 
     prm = ProtectedResourceMetadata(
-        resource=AnyHttpUrl(f"{BASE_URL}/other"), authorization_servers=[AnyHttpUrl(BASE_URL)]
+        resource=AnyHttpUrl(f"{BASE_URL}/other"), authorization_servers=[cast(AnyHttpUrl, BASE_URL)]
     )
     app_shim = shim(serve={PRM_PATH_SUFFIXED: metadata_body(prm)})
 
diff --git a/tests/interaction/auth/test_flow.py b/tests/interaction/auth/test_flow.py
index e98735abf8..0411a4e6fb 100644
--- a/tests/interaction/auth/test_flow.py
+++ b/tests/interaction/auth/test_flow.py
@@ -237,4 +237,4 @@ async def test_shimmed_app_serves_overrides_404s_and_otherwise_forwards_to_the_w
 
             forwarded = await http.get("/.well-known/oauth-authorization-server")
             assert forwarded.status_code == 200
-            assert forwarded.json()["issuer"] == "http://127.0.0.1:8000/"
+            assert forwarded.json()["issuer"] == "http://127.0.0.1:8000"
diff --git a/tests/interaction/auth/test_identity_assertion.py b/tests/interaction/auth/test_identity_assertion.py
index e03859274e..152eeda405 100644
--- a/tests/interaction/auth/test_identity_assertion.py
+++ b/tests/interaction/auth/test_identity_assertion.py
@@ -40,9 +40,9 @@
 ID_JAG_GRANT_PROFILE = "urn:ietf:params:oauth:grant-profile:id-jag"
 CLIENT_ID = "enterprise-mcp-client"
 CLIENT_SECRET = "enterprise-secret"
-# The AS metadata issuer carries a trailing slash (built from an AnyHttpUrl object); the client
+# The AS metadata issuer is path-less and slash-free (matches build_metadata); the client
 # pins against exactly that.
-EXPECTED_ISSUER = f"{BASE_URL}/"
+EXPECTED_ISSUER = BASE_URL
 
 
 async def list_tools(ctx: ServerRequestContext, params: types.PaginatedRequestParams | None) -> ListToolsResult:
@@ -215,7 +215,7 @@ async def test_unexpected_issuer_aborts_before_sending_credentials() -> None:
     provider = InMemoryAuthorizationServerProvider()
     preregister_confidential_client(provider)
     server = Server("guarded", on_list_tools=list_tools)
-    # The served AS metadata has issuer BASE_URL/, but the client is configured for a different one.
+    # The served AS metadata has issuer BASE_URL, but the client is configured for a different one.
     auth = identity_assertion_provider(InMemoryTokenStorage(), issuer="https://corp-as.example/", record=record)
 
     with anyio.fail_after(5):
diff --git a/tests/interaction/auth/test_lifecycle.py b/tests/interaction/auth/test_lifecycle.py
index c810f8c449..60b4657678 100644
--- a/tests/interaction/auth/test_lifecycle.py
+++ b/tests/interaction/auth/test_lifecycle.py
@@ -8,6 +8,7 @@
 
 import base64
 from collections import Counter
+from typing import cast
 from urllib.parse import parse_qsl, urlsplit
 
 import anyio
@@ -69,7 +70,7 @@ def path_counts(recorded: list[RecordedRequest]) -> Counter[tuple[str, str]]:
 def cimd_supported_metadata() -> bytes:
     """AS metadata advertising `client_id_metadata_document_supported: true` (the SDK server never sets it)."""
     metadata = OAuthMetadata(
-        issuer=AnyHttpUrl(f"{BASE_URL}/"),
+        issuer=cast(AnyHttpUrl, BASE_URL),
         authorization_endpoint=AnyHttpUrl(f"{BASE_URL}/authorize"),
         token_endpoint=AnyHttpUrl(f"{BASE_URL}/token"),
         registration_endpoint=AnyHttpUrl(f"{BASE_URL}/register"),
@@ -239,7 +240,7 @@ async def test_credentials_bound_to_a_different_issuer_are_discarded_and_the_cli
     # The persisted client is now bound to the current AS.
     assert storage.client_info is not None
     assert storage.client_info.client_id != "stale-as-client"
-    assert storage.client_info.issuer == f"{BASE_URL}/"
+    assert storage.client_info.issuer == BASE_URL
 
 
 @requirement("client-auth:401-after-auth-throws")
@@ -437,7 +438,7 @@ async def assertion_provider(audience: str) -> str:
             result = await client.list_tools()
 
     assert result.tools[0].name == "echo"
-    assert audiences == [f"{BASE_URL}/"]
+    assert audiences == [BASE_URL]
 
     [token_req] = find(recorded, "POST", "/token")
     body = form_body(token_req)
diff --git a/tests/server/auth/test_protected_resource.py b/tests/server/auth/test_protected_resource.py
index 413a80276e..ca2a6e15fe 100644
--- a/tests/server/auth/test_protected_resource.py
+++ b/tests/server/auth/test_protected_resource.py
@@ -96,8 +96,8 @@ async def test_metadata_endpoint_without_path(root_resource_client: httpx.AsyncC
     assert response.status_code == 200
     assert response.json() == snapshot(
         {
-            "resource": "https://example.com/",
-            "authorization_servers": ["https://auth.example.com/"],
+            "resource": "https://example.com",
+            "authorization_servers": ["https://auth.example.com"],
             "scopes_supported": ["read"],
             "resource_name": "Root Resource",
             "bearer_methods_supported": ["header"],
diff --git a/tests/server/auth/test_routes.py b/tests/server/auth/test_routes.py
index 58685c64c7..00d3058892 100644
--- a/tests/server/auth/test_routes.py
+++ b/tests/server/auth/test_routes.py
@@ -70,3 +70,14 @@ def test_build_metadata_serves_issuer_without_trailing_slash():
     assert served["issuer"] == "https://as.example.com"
     assert served["authorization_endpoint"] == "https://as.example.com/authorize"
     assert served["token_endpoint"] == "https://as.example.com/token"
+
+
+def test_build_metadata_strips_trailing_slash_from_anyhttpurl_issuer():
+    """AnyHttpUrl adds a trailing slash to bare hostnames; served metadata must not."""
+    issuer_url = AnyHttpUrl("http://localhost:8000")
+    assert str(issuer_url).endswith("/")
+
+    metadata = build_metadata(issuer_url, None, ClientRegistrationOptions(), RevocationOptions())
+
+    served = metadata.model_dump(mode="json", exclude_none=True)
+    assert served["issuer"] == "http://localhost:8000"
diff --git a/tests/server/mcpserver/auth/test_auth_integration.py b/tests/server/mcpserver/auth/test_auth_integration.py
index 35fec1c57e..cb8ca39dac 100644
--- a/tests/server/mcpserver/auth/test_auth_integration.py
+++ b/tests/server/mcpserver/auth/test_auth_integration.py
@@ -317,7 +317,7 @@ async def test_metadata_endpoint(self, test_client: httpx.AsyncClient):
         assert response.status_code == 200
 
         metadata = response.json()
-        assert metadata["issuer"] == "https://auth.example.com/"
+        assert metadata["issuer"] == "https://auth.example.com"
         assert metadata["authorization_endpoint"] == "https://auth.example.com/authorize"
         assert metadata["token_endpoint"] == "https://auth.example.com/token"
         assert metadata["registration_endpoint"] == "https://auth.example.com/register"