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Treasury International Capital Data for October 2020
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for October 2020. 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 $10.4 billion. Of this, net foreign private outflows were $28.9 billion, and net foreign official inflows were $18.6 billion.
Foreign residents increased their holdings of long-term U.S. securities in October; net purchases were $31.4 billion. Net sales by private foreign investors were $5.4 billion, while net purchases by foreign official institutions were $36.8 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $20.4 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $51.9 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 $11.4 billion in October.
Foreign residents decreased their holdings of U.S. Treasury bills by $6.2 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $7.1 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $14.7 billion.
Posted: December 15, 2020 Tuesday 04:00 PM