Research >> Economics
Treasury International Capital Data for September 2019
|
The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for September 2019. The sum total in September of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC outflow of $37.6 billion. Of this, net foreign private inflows were $10.6 billion, and net foreign official outflows were $48.2 billion.
Foreign residents increased their holdings of long-term U.S. securities in September; net purchases were $15.4 billion. Net purchases by private foreign investors were $54.1 billion, while net sales by foreign official institutions were $38.7 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $34.0 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $49.5 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 $22.1 billion in September.
Foreign residents increased their holdings of U.S. Treasury bills by $12.5 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $12.7 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $72.4 billion.
Posted: November 18, 2019 Monday 04:00 PM