XML 22 R12.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Japanese Yen Deposits
 3 Months Ended
Mar. 31, 2024
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 March 31, 2024 was an annual nominal rate of -0.20%. For the three months ended March 31, 2024, there were Japanese Yen principal deposits of 10,190,196,394, Japanese Yen principal redemptions of 2,317,095,048 and Japanese Yen withdrawals (to pay expenses) of 65,562,500, resulting in an ending Japanese Yen principal balance of 51,876,125,845. This equates to 342,767,358 USD (which includes USD subscriptions receivable). For the year ended December 31, 2023, there were Japanese Yen principal deposits of 40,464,676,109, Japanese Yen principal redemptions of 20,936,241,082 and Japanese Yen withdrawals (to pay expenses) of 194,462,561, resulting in an ending Japanese Yen principal balance of 44,068,586,999. This equates to 312,587,509 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.