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Japanese Yen Deposits
9 Months Ended
Sep. 30, 2020
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, 2020 was an annual nominal rate of -0.20%. For the nine months ended September 30, 2020, there were Japanese Yen principal deposits of 23,234,806,696, Japanese Yen principal redemptions of 18,484,375,765 and Japanese Yen withdrawals (to pay expenses) of 113,559,436, resulting in an ending Japanese Yen principal balance of 25,545,745,884. This equates to 242,070,936 USD (which includes USD redemptions payable). For the year ended December 31, 2019, there were Japanese Yen principal deposits of 38,151,608,760, Japanese Yen principal redemptions of 36,228,131,318 and Japanese Yen withdrawals (to pay expenses) of 119,473,200, resulting in an ending Japanese Yen principal balance of 20,908,874,389. This equates to 192,398,201 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.