Research >> Economics
Treasury International Capital Data for September 2011
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for September 2011. Foreign residents increased their holdings of long-term U.S. securities in September — net purchases were $65.8 billion.
Net purchases by private foreign investors were $28.5 billion, and net purchases by foreign official institutions were $37.3 billion. At the same time, U.S. residents decreased their holdings of long-term foreign securities, with net sales of $2.7 billion.
Taking into account transactions in both foreign and U.S. securities, the net foreign purchases of long-term securities were $68.6 billion. After adjustments, such as estimates of unrecorded principal payments to foreigners on U.S. asset-backed securities are included, the overall net foreign acquisition of long-term securities is estimated to have been $57.6 billion in September.
Foreigners increased their holdings of U.S. Treasury bills by $3.3 billion. Foreign holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $4.8 billion.
Banks’ own net dollar-denominated liabilities to foreign residents increased by $4.6 billion.
In sum, the net foreign acquisition of long-term securities, the change in foreign holdings of short-term U.S. securities, and banking flows yielded monthly net TIC inflows of $57.4 billion. Of this, net foreign private inflows were $71.0 billion, and net foreign official outflows were $13.6 billion.
Posted: November 16, 2011 Wednesday 09:00 AM