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Treasury International Capital Data for September 2018
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for September 2018. 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 $29.1 billion. Of this, net foreign private inflows were $23.5 billion, and net foreign official outflows were $52.7 billion.
Foreign residents increased their holdings of long-term U.S. securities in September; net purchases were $7.5 billion. Net purchases by private foreign investors were $21.0 billion, while net sales by foreign official institutions were $13.6 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $23.4 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $30.8 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 $16.7 billion in September.
Foreign residents decreased their holdings of U.S. Treasury bills by $36.0 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $15.5 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $30.4 billion.
Posted: November 16, 2018 Friday 04:00 PM