CASH AND CASH EQUIVALENTS

3 Months Ended

Dec. 31, 2021

Cash and Cash Equivalents [Abstract]

CASH AND CASH EQUIVALENTS

As of December 31, 2021, and March 31, 2021, cash and cash equivalents consisted of the following:


	December 31, 2021		March 31, 2021
	(Recast)		(Recast)
Current account with National Bank (Kazakhstan)	$	55,816	$	36,726
Current accounts with commercial banks	39,076		61,203
Current accounts with brokers	27,582		37,324
Securities purchased under reverse repurchase agreements	13,826		11,917
Petty cash in bank vault and on hand	7,051		14,916
Accounts with stock exchanges	2,254		5,873
Current account with Central Depository (Kazakhstan)	753		58
Total cash and cash equivalents	$	146,358	$	168,017

As of December 31, 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 December 31, 2021, and March 31, 2021, the cash and cash equivalents balance included collateralized securities received under reverse repurchase agreements on the terms presented below:


	December 31, 2021 (Recast)
	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
US sovereign debt	0.35	%	$	7,773	$	—	$	7,773
Non-US sovereign debt	0.51	%	5,811		—		5,811
Corporate equity	14.62	%	242		—		242
Corporate debt	—	%	—		—		—
Total securities sold under repurchase agreements			$	13,826	$	—	$	13,826


	March 31, 2021 (Recast)
	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 debt	10.15	%	$	8,460	$	—	$	8,460
US sovereign debt	0.88	%	1,785		—		1,785
Corporate equity	0.50	%	1,562		—		1,562
Non-US sovereign debt	13.09	%	110		—		110
Total securities sold under repurchase agreements			$	11,917	$	—	$	11,917

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 December 31, 2021, and March 31, 2021, was $333,803 and $12,123, respectively.