Research >> Economics
Treasury International Capital Data for October 2019
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for October 2019. The sum total in October of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC outflow of $48.3 billion. Of this, net foreign private outflows were $1.2 billion, and net foreign official outflows were $47.1 billion.
Foreign residents increased their holdings of long-term U.S. securities in October; net purchases were $4.3 billion. Net purchases by private foreign investors were $32.9 billion, while net sales by foreign official institutions were $28.6 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $28.2 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $32.5 billion. After including adjustments, such as estimates of unrecorded principal payments to foreigners on U.S. asset-backed securities, overall net foreign purchases of long-term securities are estimated to have been $5.2 billion in October.
Foreign residents decreased their holdings of U.S. Treasury bills by $19.3 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $20.1 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $33.4 billion.
Posted: December 16, 2019 Monday 04:00 PM