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Treasury International Capital Data for December 2012
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for December 2012. The sum total in December of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC inflow of $25.2 billion. Of this, net foreign private inflows were $26.1 billion, and net foreign official inflows were negative $0.9 billion.
Foreign residents increased their holdings of long-term U.S. securities in December – net purchases were $76.5 billion. Net purchases by private foreign investors were $67.3 billion, and net purchases by foreign official institutions were $9.1 billion. At the same time, U.S. residents increased their holdings of long-term foreign securities, with net purchases of $12.3 billion.
Taking into account transactions in both foreign and U.S. securities, the net foreign purchases of long-term securities were $64.2 billion. After including adjustments, such as estimates of unrecorded principal payments to foreigners on U.S. asset-backed securities, the overall net foreign acquisition of long-term securities is estimated to have been $43.2 billion in December.
Foreign residents decreased their holdings of U.S. Treasury bills by $11.9 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $5.6 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $12.5 billion.
Posted: February 15, 2013 Friday 09:00 AM