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Treasury International Capital Data for May 2013
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2013. The sum total in May of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC inflow of $56.4 billion. Of this, net foreign private inflows were $46.6 billion, and net foreign official inflows were $10.0 billion.
Foreign residents left unchanged their holdings of long-term U.S. securities in May. Net sales by private foreign investors were $43,8 billion, and net purchases by foreign official institutions were $43.8 billion. At the same time, U.S. residents increased their holdings of long-term foreign securities, with net purchases of $27.2 billion.
Taking into account transactions in both foreign and U.S. securities, the net foreign purchases of long-term securities were negative $27.2 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 negative $45.8 billion in May.
Foreign residents decreased their holdings of U.S. Treasury bills by $39.2 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $35.8 billion. Banks’ own net dollar-denominated liabilities to foreign residents increased by $138.0 billion.
Posted: July 16, 2013 Tuesday 09:00 AM