Quarterly report [Sections 13 or 15(d)]

NET GAIN ON TRADING SECURITIES

v3.25.2
NET GAIN ON TRADING SECURITIES
 3 Months Ended
Jun. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
NET GAIN ON TRADING SECURITIES NET GAIN ON TRADING SECURITIES
During the three months ended June 30, 2025 and June 30, 2024, net gain on trading securities was comprised of:
Three Months Ended
June 30, 2025
Three Months Ended
June 30, 2024
Net unrealized gain/(loss) recognized during the reporting period on trading securities still held at the reporting date $ 37,736  $ (64,943)
Net gain recognized during the period on trading securities sold during the period 7,866  12,841 
Net gain/(loss) recognized during the period on trading securities $ 45,602  $ (52,102)

During the three months ended June 30, 2025, the Group sold securities for a gain of $7,866 and recognized unrealized gain in the amount of $37,736. The principal factor contributing to the unrealized net gain is the increase in prices of debt securities with the Ministry of Finance of the Republic of Kazakhstan. During the three months ended June 30, 2024 the Group sold securities for a gain of $12,841 and recognized unrealized loss in the amount of $64,943.