SECURITIES REPURCHASE AGREEMENT OBLIGATIONS
|6 Months Ended|
Sep. 30, 2023
|Securities Sold under Agreements to Repurchase [Abstract]|
|SECURITIES REPURCHASE AGREEMENT OBLIGATIONS||SECURITIES REPURCHASE AGREEMENT OBLIGATIONS
As of September 30, 2023, and March 31, 2023, 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, 2023, and March 31, 2023, was $2,747,111 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 September 30, 2023 and March 31, 2023, securities repurchase agreement obligations included accrued interest in the amount of $8,361 and $25,179, with a weighted average maturity of 6 days and 11 days, respectively. All securities repurchase agreements transactions were executed through the Kazakhstan Stock Exchange.