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, 2020

SECURITIES REPURCHASE AGREEMENT OBLIGATIONS

NOTE 14 - SECURITIES REPURCHASE AGREEMENT OBLIGATIONS

NOTE 14 – SECURITIES REPURCHASE AGREEMENT OBLIGATIONS

As of December 31, 2020, and March 31, 2020, trading securities included collateralized securities subject to repurchase agreements as described in the following table:

	December 31, 2020
	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 debt		9.57	%	$	82,471	$	-	$	-	$	82,471
Non-US sovereign debt		8.32	%		55,891		-		-		55,891
Corporate equity		11.38	%		4,113		-		-		4,113
US sovereign debt		0.40	%		1,927		-		-		1,927
Total securities sold under repurchase agreements				$	144,402	$	-		-	$	144,402

	March 31, 2020
	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		12.16	%	$	20,711	$	-	$	-	$	20,711
Corporate debt		13.27	%		15,974		-		-		15,974
Non-U.S. sovereign debt		13.00	%		11,519		-		-		11,519
Total securities sold under repurchase agreements				$	48,204	$	-	$	-	$	48,204

The fair value of collateral pledged under repurchase agreements as of December 31, 2020, and March 31, 2020, was $144,696 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.