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:
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.