Research >> Economics
Treasury International Capital Data for December 2019
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for December 2019. The sum total in December of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $78.2 billion. Of this, net foreign private inflows were $134.2 billion, and net foreign official outflows were $56.0 billion.
Foreign residents increased their holdings of long-term U.S. securities in December; net purchases were $60.7 billion. Net purchases by private foreign investors were $66.8 billion, while net sales by foreign official institutions were $6.1 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $24.9 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $85.6 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 $59.9 billion in December.
Foreign residents decreased their holdings of U.S. Treasury bills by $7.8 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $11.2 billion. Banks’ own net dollar-denominated liabilities to foreign residents increased by $7.2 billion.
Posted: February 18, 2020 Tuesday 04:00 PM