SECURITIES REPURCHASE AGREEMENT OBLIGATIONS
|3 Months Ended|
Sep. 30, 2022
|Securities Sold under Agreements to Repurchase [Abstract]|
|Securities repurchase agreement obligations||SECURITIES REPURCHASE AGREEMENT OBLIGATIONS
As of September 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 September 30, 2022, and March 31, 2022, was $989,306 and $834,583, respectively.
Securities pledged as collateral by the Company under repurchase agreements are liquid trading securities with market quotes and significant trading volume.