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Treasury International Capital Data for October 2023
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for October 2023. The sum total in October of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC outflow of $83.8 billion. Of this, net foreign private outflows were $68.4 billion, and net foreign official outflows were $15.4 billion.
Foreign residents decreased their holdings of long-term U.S. securities in October; their net sales were $15.6 billion. Net purchases by private foreign investors were $8.5 billion, while net sales by foreign official institutions were $24.1 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $18.9 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 $3.3 billion in October.
Foreign residents decreased their holdings of U.S. Treasury bills by $25.5 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $72.8 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $14.3 billion.
Posted: December 19, 2023 Tuesday 04:00 PM