Quarterly report pursuant to Section 13 or 15(d)

CASH AND CASH EQUIVALENTS

v3.22.2.2
CASH AND CASH EQUIVALENTS
3 Months Ended
Sep. 30, 2022
Cash and Cash Equivalents [Abstract]  
Cash and cash equivalents CASH AND CASH EQUIVALENTS
As of September 30, 2022, and March 31, 2022, cash and cash equivalents consisted of the following:
 
September 30, 2022
March 31, 2022
  (Recasted)
Cash demand accounts in National Bank (Kazakhstan) $ 478,567  $ 42,517 
Cash demand accounts in commercial banks 193,944  70,155 
Securities purchased under reverse repurchase agreements 47,049  19,947 
Cash demand accounts on brokerage accounts 45,653  71,061 
Petty cash in bank vault and on hand 12,033  18,607 
Cash in transit 8,301  35 
Overnight deposits 2,776  — 
Cash demand accounts in stock exchanges 1,975  2,828 
Cash demand accounts in the Central Depository (Kazakhstan) 92  314 
Total cash and cash equivalents $ 790,390  $ 225,464 
As of September 30, 2022, and March 31, 2022, cash and cash equivalents were not insured. As of September 30, 2022, and March 31, 2022, the cash and cash equivalents balance included collateralized securities received under reverse repurchase agreements on the terms presented below:
September 30, 2022
Interest rates and remaining contractual maturity of the agreements
Average interest rate
Up to 30 days 30-90 days Total
Securities purchased under reverse repurchase agreements
   
Corporate debt 15.81  % $ 25,608  $ —  $ 25,608 
Non-US sovereign debt 1.38  % 13,746  —  13,746 
US sovereign debt 13.99  % 7,444  —  7,444 
Corporate equity 12.25  % 228  23  251 
Total securities sold under repurchase agreements $ 47,026  $ 23  $ 47,049 
March 31, 2022 (Recasted)
Interest rates and remaining contractual maturity of the agreements
Average interest rate
Up to 30 days 30-90 days Total
Securities purchased under reverse repurchase agreements
US sovereign debt 16.38  % $ 9,952  $ —  $ 9,952 
Non-US sovereign debt 12.51  % 9,786  —  9,786 
Corporate equity 16.90  % 152  —  152 
Corporate debt 11.88  % 57  —  57 
Total securities sold under repurchase agreements $ 19,947  $   $ 19,947 
The securities received by the Company as collateral under reverse repurchase agreements are liquid trading securities with market quotes and significant trading volume. The fair value of collateral received by the Company under reverse repurchase agreements as of September 30, 2022, and March 31, 2022, was $47,435 and $19,911, respectively.