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Treasury International Capital Data for July 2020
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for July 2020. The sum total in July of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC outflow of $88.7 billion. Of this, net foreign private outflows were $55.0 billion, and net foreign official outflows were $33.7 billion.
Foreign residents decreased their holdings of long-term U.S. securities in July; net sales were $26.7 billion. Net sales by private foreign investors were $20.8 billion, while net sales by foreign official institutions were $5.9 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $37.5 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $10.8 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 $29.0 billion in July.
Foreign residents decreased their holdings of U.S. Treasury bills by $1.4 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $3.9 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $55.9 billion.
Posted: September 16, 2020 Wednesday 04:13 PM