XML 19 R9.htm IDEA: XBRL DOCUMENT
v3.21.2

CASH AND CASH EQUIVALENTS | 3 Months Ended
--- | ---
Jun. 30, 2021
CASH AND CASH EQUIVALENTS |
NOTE 3 - CASH AND CASH EQUIVALENTS | NOTE 3 – CASH AND CASH EQUIVALENTS As of June 30, 2021, and March 31, 2021, cash and cash equivalents consisted of the following:
|  | June 30, 2021 |  |  | March 31, 2021 |
Securities purchased under reverse repurchase agreements |  | $ | 174,936 |  |  | $ | 248,946 |
Accounts with stock exchanges |  |  | 156,255 |  |  |  | 98,521 |
Current accounts with brokers |  |  | 83,318 |  |  |  | 94,494 |
Current account with National Bank (Kazakhstan) |  |  | 69,854 |  |  |  | 36,726 |
Current accounts with commercial banks |  |  | 66,046 |  |  |  | 75,903 |
Current account with National Settlement Depository (Russia) |  |  | 55,488 |  |  |  | 28,215 |
Current accounts in clearing organizations |  |  | 35,898 |  |  |  | 83,194 |
Petty cash in bank vault and on hand |  |  | 28,694 |  |  |  | 25,830 |
Current account with Central Bank (Russia) |  |  | 3,119 |  |  |  | 6,930 |
Current account with Central Depository (Kazakhstan) |  |  | 468 |  |  |  | 69 |
Total cash and cash equivalents |  | $ | 674,076 |  |  | $ | 698,828 |
As of June 30, 2021, and March 31, 2021, with the exception of funds deposited with banks in the United States which may qualify for FDIC insurance up to $250,000, cash and cash equivalents were not insured. As of June 30, 2021, and March 31, 2021, the cash and cash equivalents balance included collateralized securities received under reverse repurchase agreements on the terms presented below:
|  | June 30, 2021 |
|  | Interest rates and remaining contractual maturity of the agreements |
|  | Average interest rate |  |  | Up to 30 days |  |  | 30-90 days |  |  | Total |
Securities purchased under reverse repurchase agreements |  |  |  |  |  |  |  |  |  |  |  |
Corporate equity |  |  | 2.04 | % |  |  | 104,727 |  |  |  | 24 |  |  |  | 104,751 |
Non-US sovereign debt |  |  | 0.51 | % |  |  | 49,486 |  |  |  | 5 |  |  |  | 49,491 |
Corporate debt |  |  | 2.40 | % |  |  | 19,078 |  |  |  | - |  |  |  | 19,078 |
US sovereign debt |  |  | 0.35 | % |  |  | 1,616 |  |  |  | - |  |  |  | 1,616 |
Total securities sold under repurchase agreements |  |  |  |  |  | $ | 174,907 |  |  | $ | 29 |  |  | $ | 174,936 |
|  | March 31, 2021 |
|  | Interest rates and remaining contractual maturity of the agreements |
|  | Average interest rate |  |  | Up to 30 days |  |  | 30-90 days |  |  | Total |
Securities purchased under reverse repurchase agreements |  |  |  |  |  |  |  |  |  |  |  |
Non-US sovereign debt |  |  | 1.07 | % |  | $ | 101,258 |  |  | $ | - |  |  |  | 101,258 |
Corporate debt |  |  | 4.42 | % |  |  | 94,562 |  |  |  | - |  |  |  | 94,562 |
Corporate equity |  |  | 2.76 | % |  |  | 51,564 |  |  |  | - |  |  |  | 51,564 |
US sovereign debt |  |  | 0.50 | % |  |  | 1,562 |  |  |  | - |  |  |  | 1,562 |
Total securities sold under repurchase agreements |  |  |  |  |  | $ | 248,946 |  |  | $ | - |  |  | $ | 248,946 |
The securities received by the Company as collateral under reverse repurchase agreements are liquid trading securities with market quotes and significant trading volume. The fair value of collateral received by the Company under reverse repurchase agreements as of June 30, 2021, and March 31, 2021, was $178,324 and $272,586, respectively.

X
- References No definition available. + Details
Name: | us-gaap_CashAndCashEquivalentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments maturing within three months from the date of acquisition qualify. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CashAndCashEquivalentsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration