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Treasury International Capital Data for March 2021
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for March 2021. The sum total in March of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $146.4 billion. Of this, net foreign private inflows were $140.0 billion, and net foreign official inflows were $6.5 billion.
Foreign residents increased their holdings of long-term U.S. securities in March; net purchases were $208.1 billion. Net purchases by private foreign investors were $142.1 billion, while net purchases by foreign official institutions were $65.9 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $54.1 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $262.2 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 $224.7 billion in March.
Foreign residents decreased their holdings of U.S. Treasury bills by $69.1 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $53.7 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $24.6 billion.
Posted: May 17, 2021 Monday 04:00 PM