SECURITIES REPURCHASE AGREEMENT OBLIGATIONS
|3 Months Ended|
Jun. 30, 2022
|Securities Sold under Agreements to Repurchase [Abstract]|
|Securities Repurchase Agreement Obligations||SECURITIES REPURCHASE AGREEMENT OBLIGATIONS
As of June 30, 2022, and March 31, 2022, 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, 2022, and March 31, 2022, was $1,028,526 and $867,014, respectively.
Securities pledged as collateral by the Company under repurchase agreements are liquid trading securities with market quotes and significant trading volume.