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Treasury International Capital Data for March 2012
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for March 2012. The sum total in March of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC outflow of $49.9 billion. Of this, net foreign private outflows were $57.7 billion, and net foreign official inflows were $7.8 billion.
Foreign residents increased their holdings of long-term U.S. securities in March – net purchases were $22.3 billion. Net sales by private foreign investors were $4.0 billion, and net purchases by foreign official institutions were $26.3 billion. At the same time, U.S. residents decreased their holdings of long-term foreign securities, with net sales of $13.9 billion.
Taking into account transactions in both foreign and U.S. securities, the net foreign purchases of long-term securities were $36.2 billion.After including adjustments, such as estimates of unrecorded principal payments to foreigners on U.S. asset-backed securities, the overall net foreign acquisition of long-term securities is estimated to have been $19.0 billion in March.
Foreign residents decreased their holdings of U.S. Treasury bills by $2.7 billion.Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $9.4 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $59.5 billion.
Posted: May 15, 2012 Tuesday 09:00 AM