Short-Term Borrowings (Tables)

6 Months Ended

May 31, 2023

Debt Disclosure [Abstract]

Schedule of Short-term Borrowings

Short-term borrowings at May 31, 2023 and November 30, 2022 mature in one year or less and include the following (in thousands):

	May 31, 2023		November 30, 2022
Bank loans (1)	$	842,832	$	517,524
Fixed rate callable note (1)	4,068		4,068
Floating rate puttable notes (1)	—		6,800
Total short-term borrowings	$	846,900	$	528,392

(1)These Short-term borrowings are recorded at cost in our Consolidated Statements of Financial Condition, which is a reasonable approximation of their fair values due to their liquid and short-term nature.