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Treasury International Capital Data for May 2016
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2016. The sum total in May of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC outflow of $11.0 billion. Of this, net foreign private inflows were $14.9 billion, and net foreign official outflows were $26.0 billion.
Foreign residents increased their holdings of long-term U.S. securities in May; net purchases were $11.5 billion. Net purchases by private foreign investors were $32.4 billion, while net sales by foreign official institutions were $20.9 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $29.6 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $41.1 billion. After including adjustments, such as estimates of unrecorded principal payments to foreigners on U.S. asset-backed securities, overall net foreign sales of long-term securities are estimated to have been $25.8 billion in May.
Foreign residents decreased their holdings of U.S. Treasury bills by $9.1 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $11.5 billion. Banks' own net dollar-denominated liabilities to foreign residents decreased by $25.4 billion.
Posted: July 18, 2016 Monday 04:00 PM