Annual report pursuant to Section 13 and 15(d)

NET GAIN ON TRADING SECURITIES

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NET GAIN ON TRADING SECURITIES
 12 Months Ended
Mar. 31, 2024
Investments, Debt and Equity Securities [Abstract]  
NET GAIN ON TRADING SECURITIES NET GAIN ON TRADING SECURITIES
For years ended March 31, 2024, 2023 and 2022 net gain on trading securities included the following:
Year ended
March 31, 2024
Year ended
March 31, 2023
Year ended March 31, 2022
Net unrealized gain/(loss) recognized during the reporting period on trading securities still held at the reporting date
 $ 95,729  $ 107,310  $ (50,987)
Net gain/(loss) recognized during the period on trading securities sold during the period
 38,125  (36,226) 206,239 
Net gain recognized during the period on trading securities $ 133,854  $ 71,084  $ 155,252 
During the year ended March 31, 2024, the Group sold securities for a gain of $38,125 and recognized unrealized gain in the amount of $95,729. The principal factor contributing to the unrealized net gain is the growth in prices of debt securities within the Ministry of Finance of the Republic of Kazakhstan. During the year ended March 31, 2023 the Group sold securities for a loss of $36,226 and recognized unrealized gain in the amount of $107,310.