Research >> Economics
Treasury International Capital Data for May 2014
|
The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2014. 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 $35.5 billion. Of this, net foreign private inflows were $13.1 billion, and net foreign official inflows were $22.4 billion.
Foreign residents increased their holdings of long-term U.S. securities in May; net purchases were $34.6 billion. Net purchases by private foreign investors were $10.2 billion, while net purchases by foreign official institutions were $24.4 billion. U.S. residents increased their holdings of long-term foreign securities, with net purchases of $15.2 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $19.4 billion. After including adjustments, such as estimates of unrecorded principal payments to foreigners on U.S. asset-backed securities, overall net foreign acquisitions of long-term securities are estimated to have been $9.0 billion in May.
Foreign residents decreased their holdings of U.S. Treasury bills by $4.9 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $0.5 billion. Banks’ own net dollar-denominated liabilities to foreign residents increased by $25.9 billion.
Posted: July 16, 2014 Wednesday 09:00 AM