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Japanese Yen Deposits
9 Months Ended
Sep. 30, 2022
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, 2022 was an annual nominal rate of -0.20%. For the nine months ended September 30, 2022, there were Japanese Yen principal deposits of 18,252,868,166, Japanese Yen principal redemptions of 10,768,076,115 and Japanese Yen withdrawals (to pay expenses) of 95,979,876, resulting in an ending Japanese Yen principal balance of 27,108,504,059. This equates to 187,284,563 USD. For the year ended December 31, 2021, there were Japanese Yen principal deposits of 7,056,729,586, Japanese Yen principal redemptions of 12,713,904,335 and Japanese Yen withdrawals (to pay expenses) of 130,201,824, resulting in an ending Japanese Yen principal balance of 19,719,691,884. This equates to 171,244,773 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.