Freedom Holding Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Securities Repurchase Agreement Obligations

Securities Repurchase Agreement Obligations

9 Months Ended

Dec. 31, 2019

Securities Sold under Agreements to Repurchase [Abstract]

Securities Repurchase Agreement Obligations

As of December 31, 2019 and March 31, 2019, trading securities included collateralized securities subject to repurchase agreements as described in the following table:

	December 31, 2019
	Interest rates and remaining contractual maturity of the agreements
	Average interest rate			Up to 30 days		30-90 days		Over 90 days		Total
*Securities sold under* *repurchase agreements*
Corporate equity		12.30	%	$	25,271	$	-	$	-	$	25,271
Corporate debt		10.34	%		18,298		-		-		18,298
Non-U.S. sovereign debt		9.69	%		14,306		-		-		14,306
Total securities sold under repurchase agreements				$	57,875	$	-	$	-	$	57,875

	March 31, 2019
	Interest rate and remaining contractual maturity of the agreements
	Average interest rate			Up to 30 days		30-90 days		Over 90 days		Total

*Securities sold under* *repurchase agreements*
Corporate equity		12.06	%	$	49,048	$	-	$	2,146	$	51,194
Corporate debt		10.38	%		13,548		-		-		13,548
Non-U.S. sovereign debt		8.62	%		8,879		-		-		8,879
Total securities sold under repurchase agreements				$	71,475	$	-	$	2,146	$	73,621

The fair value of collateral pledged under repurchase agreements as of December 31, 2019 and March 31, 2019, was $72,861 and $105,842, respectively.

Securities pledged as collateral by the Company under repurchase agreements are liquid trading securities with market quotes and significant trading volume.