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Treasury International Capital Data for June 2013
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for June 2013. The sum total in June of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC outflow of $19.0 billion. Of this, net foreign private outflows were $4.6 billion, and net foreign official outflows were $14.3 billion.
Foreign residents reduced their holdings of long-term U.S. securities in June; net sales were $77.8 billion. Net sales by private foreign investors were $81.6 billion, and net purchases by foreign official institutions were $3.8 billion. At the same time, U.S. residents decreased their holdings of long-term foreign securities, with net sales of $11.0 billion.
Taking into account transactions in both foreign and U.S. securities, the net foreign purchases of long-term securities were negative $66.9 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 negative $85.4 billion in June.
Foreign residents increased their holdings of U.S. Treasury bills by $8.8 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $4.4 billion. Banks’ own net dollar-denominated liabilities to foreign residents increased by $70.8 billion.
Posted: August 15, 2013 Thursday 09:00 AM