Research >> Economics
Treasury International Capital Data for May 2023
|
The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2023. The sum total in May of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC outflow of $167.6 billion. Of this, net foreign private outflows were $168.2 billion, and net foreign official inflows were $0.6 billion.
Foreign residents increased their holdings of long-term U.S. securities in May; net purchases were $59.7 billion. Net purchases by private foreign investors were $18.0 billion, while net purchases by foreign official institutions were $41.7 billion. U.S. residents increased their holdings of long-term foreign securities, with net purchases of $33.9 billion.
After including adjustments, such as estimated foreign portfolio acquisitions of U.S. stocks through stock swaps, overall net foreign purchases of long-term securities are estimated to have been $17.5 billion in May.
Foreign residents decreased their holdings of U.S. Treasury bills by $17.7 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $57.6 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $127.5 billion.
Posted: July 18, 2023 Tuesday 04:00 PM