Research >> Economics
Treasury International Capital Data for May 2019
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2019. The sum total in May of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $32.9 billion. Of this, net foreign private inflows were $73.5 billion, and net foreign official outflows were $40.6 billion.
Foreign residents decreased their holdings of long-term U.S. securities in May; net sales were $5.7 billion. Net purchases by private foreign investors were $10.1 billion, while net sales by foreign official institutions were $15.7 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $9.2 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $3.5 billion. After including adjustments, such as estimates of unrecorded principal payments to foreigners on U.S. asset-backed securities, overall net foreign sales of long-term securities are estimated to have been $14.6 billion in May.
Foreign residents decreased their holdings of U.S. Treasury bills by $7.3 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $0.1 billion. Banks’ own net dollar-denominated liabilities to foreign residents increased by $47.5 billion.
Posted: July 16, 2019 Tuesday 04:00 PM