Quarterly report pursuant to Section 13 or 15(d)

SECURITIES REPURCHASE AGREEMENT OBLIGATIONS

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SECURITIES REPURCHASE AGREEMENT OBLIGATIONS
 3 Months Ended
Jun. 30, 2023
Securities Sold under Agreements to Repurchase [Abstract]  
SECURITIES REPURCHASE AGREEMENT OBLIGATIONS SECURITIES REPURCHASE AGREEMENT OBLIGATIONS
As of June 30, 2023, and March 31, 2023, trading securities included collateralized securities subject to repurchase agreements as described in the following table:
June 30, 2023
Interest rates and remaining contractual maturity of the agreements
Average interest rate
Up to 30 days 30-90 days Total
Securities sold under repurchase agreements
     
Non-US sovereign debt 16.67  % $ 1,701,585  $ 111,073  $ 1,812,658 
Corporate debt 16.50  % 735,482  6,743  742,225 
US sovereign debt 1.43  % 17,094  —  17,094 
Corporate equity 17.00  % 5  —  5 
Total securities sold under repurchase agreements $ 2,454,166  $ 117,816  $ 2,571,982 
 
March 31, 2023
  Interest rate and remaining contractual maturity of the agreements
 
Average interest rate
Up to 30 days 30-90 days Total
Non-US sovereign debt 15.98  % $ 826,196  $ 55,265  $ 881,461 
Corporate debt 16.07  % 597,559  5,375  602,934 
US sovereign debt 1.52  % 17,637  —  17,637 
Corporate equity 12.24  % 15,384  —  15,384 
   
Total securities sold under repurchase agreements $ 1,456,776  $ 60,640  $ 1,517,416 
The fair value of collateral pledged under repurchase agreements as of June 30, 2023, and March 31, 2023, was $2,562,107 and $1,519,926, respectively.
Securities pledged as collateral by the Group under repurchase agreements are liquid trading securities with market quotes and significant trading volume.
As of 30 June 2023 and March 31, 2023, securities repurchase agreement obligations included accrued interest in the amount of $8,994 and $25,179, with a weighted average maturity of 10 days and 11 days, respectively. All securities repurchase agreements transactions were executed through the Kazakhstan Stock Exchange.