Securities Repurchase Agreement Obligations
|3 Months Ended|
Jun. 30, 2020
|Securities Repurchase Agreement Obligations|
|NOTE 13 - SECURITIES REPURCHASE AGREEMENT OBLIGATIONS||
NOTE 13 - SECURITIES REPURCHASE AGREEMENT OBLIGATIONS
As of June 30, 2020 and March 31, 2020, trading securities included collateralized securities subject to repurchase agreements as described in the following table:
The fair value of collateral pledged under repurchase agreements as of June 30, 2020 and March 31, 2020, was $65,499 and $54,222, respectively.
Securities pledged as collateral by the Company under repurchase agreements are liquid trading securities with market quotes and significant trading volume.