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Treasury International Capital Data for February 2019
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for February 2019. The sum total in February of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC outflow of $21.6 billion. Of this, net foreign private outflows were $11.5 billion, and net foreign official outflows were $10.2 billion.
Foreign residents increased their holdings of long-term U.S. securities in February; net purchases were $42.4 billion. Net purchases by private foreign investors were $52.8 billion, while net sales by foreign official institutions were $10.4 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $9.5 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $51.9 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 $33.1 billion in February.
Foreign residents increased their holdings of U.S. Treasury bills by $6.6 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $11.0 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $43.7 billion.
Posted: April 15, 2019 Monday 04:00 PM