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Treasury International Capital Data for May 2013
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