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, 2024
Securities Sold under Agreements to Repurchase [Abstract]  
SECURITIES REPURCHASE AGREEMENT OBLIGATIONS SECURITIES REPURCHASE AGREEMENT OBLIGATIONS
As of June 30, 2024, and March 31, 2024, trading securities included collateralized securities subject to repurchase agreements as described in the following table:
June 30, 2024
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 13.63  % 1,419,612  224,742  1,644,354 
Corporate debt 13.64  % 748,007  156,580  904,587 
US sovereign debt 13.50  % 9,853  —  9,853 
Total securities sold under repurchase agreements $ 2,177,472  $ 381,322  $ 2,558,794 
 
March 31, 2024
  Interest rate 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 13.78  % $ 1,545,080  $ 259,948  $ 1,805,028 
Corporate debt 13.84  % 923,752  14,644  938,396 
US sovereign debt 3.06  % 13,172  —  13,172 
Total securities sold under repurchase agreements $ 2,482,004  $ 274,592  $ 2,756,596 
The fair value of collateral pledged under repurchase agreements as of June 30, 2024, and March 31, 2024, was $2,572,331 and $2,753,601, respectively.
Securities pledged as collateral by the Group under repurchase agreements are liquid trading securities with market quotes and significant trading volume.
As of June 30, 2024 and March 31, 2024, securities repurchase agreement obligations included accrued interest in the amount of $9,565 and $11,684, with a weighted average maturity of 14 days and 12 days, respectively. All securities repurchase agreements transactions were executed through the Kazakhstan Stock Exchange.