Investments in Debt Securities
|9 Months Ended|
Mar. 31, 2021
|Investments in Debt Securities [Abstract]|
|Investments in Debt Securities||
6. Investments in Debt Securities
Investments in debt securities consist of AA and A rated corporate bonds bearing interest at rates from 0.26% to 4.25% with maturities from April 2021 to December 2022. The components of investments in debt securities are as follows (in thousands):
The fair value of available-for-sale debt securities, by contractual maturity, as of March 31, 2021, was as follows (in thousands):
Amortization of premiums paid on the debt securities amounted to $80,000 and $130,000 for the three and nine months ended March 31, 2021, respectively.
The entire disclosure for investments in certain debt and equity securities.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef