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Japanese Yen Deposits
9 Months Ended
Sep. 30, 2019
Cash And Cash Equivalents [Abstract]  
Japanese Yen Deposits

Note 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 September 30, 2019 was an annual nominal rate of -0.10%. For the nine months ended September 30, 2019, there were Japanese Yen principal deposits of 36,251,438,552, Japanese Yen principal redemptions of 31,474,259,335 and Japanese Yen withdrawals (to pay expenses) of 91,396,066, resulting in an ending Japanese Yen principal balance of 23,790,653,298. This equates to 220,130,958 USD. For the two months ended December 31, 2018, there were Japanese Yen principal deposits of 4,776,165,855, no Japanese Yen principal redemptions and Japanese Yen withdrawals (to pay expenses) of 12,310,233, resulting in an ending Japanese Yen principal balance of 19,104,870,147. This equates to 174,131,797 USD (which includes USD subscriptions receivable).

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.