Short-Term Borrowings (Tables)

3 Months Ended

Feb. 28, 2022

Debt Disclosure [Abstract]

Schedule of Short-Term Borrowings

Our short-term borrowings, which mature in one year or less, are as follows (in thousands):

	February 28, 2022		November 30, 2021
Bank loans (1)	$	461,053	$	215,063
Floating rate puttable notes (1)	6,800		6,800
Total short-term borrowings	$	467,853	$	221,863

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