Freedom Holding Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

SECURITIES REPURCHASE AGREEMENT OBLIGATIONS

SECURITIES REPURCHASE AGREEMENT OBLIGATIONS

6 Months Ended

Sep. 30, 2021

SECURITIES REPURCHASE AGREEMENT OBLIGATIONS

NOTE 9 - SECURITIES REPURCHASE AGREEMENT OBLIGATIONS

NOTE 9 – SECURITIES REPURCHASE AGREEMENT OBLIGATIONS

As of September 30, 2021, and March 31, 2021, trading securities included collateralized securities subject to repurchase agreements as described in the following table:

	September 30, 2021
	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
Corporate debt		9.21	%	$	376,018	$	5,921	$	381,939
Non-U.S. sovereign debt		8.92	%		153,124		-		153,124
US sovereign debt		0.35	%		2,214		-		2,214
Total				$	531,356	$	5,921	$	537,277

	March 31, 2021
	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		9.28	%	$	229,812	$	-	$	229,812
Corporate debt		9.27	%		189,337		-		189,337
Corporate equity		3.78	%		5,757		-		5,757
US sovereign debt		0.40	%		1,809		-		1,809
Total securities sold under repurchase agreements				$	426,715	$	-	$	426,715

The fair value of collateral pledged under repurchase agreements as of September 30, 2021, and March 31, 2021, was $550,297 and $426,669, respectively.

Securities pledged as collateral by the Company under repurchase agreements are liquid trading securities with market quotes and significant trading volume.