Company: FRHC
Filing Date: 2025-02-07
Form Type: 10-Q
Source: 0000924805-25-000002
Chunk: 215

Company: Freedom Holding Corp.
Filing Date: 2025-02-07
Form: 10-Q
Item: Part I, Item 8
Chunk 215
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14.90 %539,911 31,046 570,957 Total securities sold under repurchase agreements$2,156,180 $43,523 $2,199,703  March 31, 2024  Interest rate and remaining contractual maturity of the agreements Average interest rate Up to 30 days30-90 daysTotalSecurities sold under repurchase agreements Non-US sovereign debt13.78 %$1,545,080 $259,948 $1,805,028 Corporate debt13.84 %923,752 14,644 938,396 US sovereign debt3.06 %13,172 — 13,172 Total securities sold under repurchase agreements$2,482,004 $274,592 $2,756,596 The fair value of collateral pledged under repurchase agreements as of December 31, 2024, and March 31, 2024, was $2,202,919 and $2,753,601, respectively.Securities pledged as collateral by the Group under repurchase agreements are liquid trading securities with market quotes and significant trading volume.As of December 31, 2024 and March 31, 2024, securities repurchase agreement obligations included accrued interest in the amount of $5,456 and $11,684, with a weighted average maturity of 9 days and 12 days, respectively. All securities repurchase agreements transactions were executed through the KASE.

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Table of ContentsFREEDOM HOLDING CORP.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)(All amounts in thousands of United States dollars, except share data, unless otherwise stated)

NOTE 10 – CUSTOMER LIABILITIES

The Group recognizes customer liabilities associated with deposit funds of its brokerage and bank customers. As of December 31, 2024, and March 31, 2024, customer liabilities consisted of:December 31, 2024March 31, 2024AmountInterestAmountInterestInterest bearing deposits:Term deposits$1,554,503 0.05% - 18.1%$1,221,072 0.04% - 17.3%Total Interest bearing deposits$1,554,503 $1,221,072 Non-interest-bearing deposits:Brokerage customers$1,804,039 $742,902 Current customer accounts424