Research >> Economics
Treasury International Capital Data for June 2020
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for June 2020. The sum total in June of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC outflow of $67.9 billion. Of this, net foreign private outflows were $11.8 billion, and net foreign official outflows were $56.1 billion.
Foreign residents increased their holdings of long-term U.S. securities in June; net purchases were $78.8 billion. Net purchases by private foreign investors were $91.9 billion, while net sales by foreign official institutions were $13.0 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $34.2 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $113.0 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 $70.6 billion in June.
Foreign residents increased their holdings of U.S. Treasury bills by $78.9 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $55.9 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $194.4 billion.
Posted: August 17, 2020 Monday 04:00 PM