Annual report pursuant to Section 13 and 15(d)

Investments in Debt Securities

v3.21.2
Investments in Debt Securities
12 Months Ended
Jun. 30, 2021
Investments in Debt Securities [Abstract]  
Investments in Debt Securities

7. Investments in Debt Securities

Investments in debt securities consist of AA and A rated corporate bonds bearing interest at rates from 0.23% to 4.25% with maturities from September 2021 to June 2023. The components of investments in debt securities at June 30, 2021 are as follows (in thousands):

 

 

 

 

 

Adjusted cost

$

19,603

Gross unrealized losses

 

(33)

Fair value

$

19,570

 

The fair value of available-for-sale debt securities, by contractual maturity, as of June 30, 2021, was as follows (in thousands):

 

 

 

 

 

Fiscal year ending on June 30:

Fair Value

2022

$

11,430

2023

 

8,140

$

19,570

 

Amortization of premiums paid on the debt securities amounted to $216,000 for Fiscal 2021.