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Japanese Yen Deposits
12 Months Ended
Oct. 31, 2018
Cash and Cash Equivalents [Abstract]  
Japanese Yen Deposits
4.

Japanese Yen Deposits

Japanese Yen principal deposits are held in a Japanese Yen-denominated, interest-bearing demand account. The interest rate in effect as of October 31, 2018 was an annual nominal rate of -0.10%. For the year ended October 31, 2018, there were Japanese Yen principal deposits of 12,462,736,515, Japanese Yen principal redemptions of 10,536,230,459 and Japanese Yen withdrawals (to pay expenses) of 76,898,821, resulting in an ending Japanese Yen principal balance of 14,341,014,525. This equates to 127,074,693 USD. For the year ended October 31, 2017, there were Japanese Yen principal deposits of 31,802,013,465, Japanese Yen principal redemptions of 30,833,153,795 and Japanese Yen withdrawals (to pay expenses) of 66,298,233, resulting in an ending Japanese Yen principal balance of 12,491,407,290. This equates to 109,930,540 USD (which includes USD redemptions payable). For the year ended October 31, 2016, there were Japanese Yen principal deposits of 48,913,044,314, Japanese Yen principal redemptions of 52,752,711,224 and Japanese Yen withdrawals (to pay expenses) of 91,904,462, resulting in an ending Japanese Yen principal balance of 11,588,845,853. This equates to 110,280,686 USD.

Net interest, if any, associated with creation and redemption activity is held in a Japanese Yen-denominated non-interest-bearing account, and any balance is distributed in full as part of the monthly income distributions, if any.