Quarterly report pursuant to Section 13 or 15(d)

DEBT SECURITIES ISSUED

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DEBT SECURITIES ISSUED
 9 Months Ended
Dec. 31, 2020
DEBT SECURITIES ISSUED  
NOTE 10 - DEBT SECURITIES ISSUED NOTE 10– DEBT SECURITIES ISSUED

 

Debt securities issued for the periods ended December 31, 2020, and March 31, 2020, consisted of:

 

 

December 31,

2020

 

 

March 31,

2020

 

 

 

 

 

 

 

 

Debt securities issued denominated in USD

 

 $ 60,886

 

 

 $ 64,783

 

Debt securities issued denominated in RUB

 

 

 6,768

 

 

 

 6,432

 

Accrued interest

 

 

 746

 

 

 

 1,081

 

Total

 

 $ 68,400

 

 

 $ 72,296

 

 

As of December 31, 2020, the Company’s outstanding debt securities had fixed annual coupon rates ranging from 6.5% to 12% and maturity dates ranging from May 2021 to January 2023. The Company’s debt securities include bonds of Freedom KZ and Freedom RU issued under Kazakhstani and Russian Federation law, which trade on the KASE and the MOEX, respectively. The Company’s debt securities also include $20,496 in the aggregate number of notes of FRHC issued from December 2019 to February 2020.The FRHC notes, denominated in U.S. dollars, have minimum denominations of $100 bear interest at an annual rate of 7.00% and are due in 2022.The FRHC notes were issued under Astana International Financial Centre law and trade on the AIX.

 

Debt securities issued are initially recognized at the fair value of the consideration received, less directly attributable transaction costs.