SECURITIES REPURCHASE AGREEMENT OBLIGATIONS
|12 Months Ended|
Mar. 31, 2021
|SECURITIES REPURCHASE AGREEMENT OBLIGATIONS|
|NOTE 12 - SECURITIES REPURCHASE AGREEMENT OBLIGATIONS||
NOTE 12 - SECURITIES REPURCHASE AGREEMENT OBLIGATIONS
As of March 31, 2021 and 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 March 31, 2021 and 2020, was $426,669 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.