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Treasury International Capital Data for December 2020
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for December 2020. The sum total in December of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC outflow of $0.6 billion. Of this, net foreign private inflows were $25.5 billion, and net foreign official outflows were $26.1 billion.
Foreign residents increased their holdings of long-term U.S. securities in December; net purchases were $97.4 billion. Net purchases by private foreign investors were $86.0 billion, while net purchases by foreign official institutions were $11.4 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $23.5 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $121.0 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 $76.2 billion in December.
Foreign residents increased their holdings of U.S. Treasury bills by $3.2 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $4.0 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $80.7 billion.
Posted: February 16, 2021 Tuesday 04:00 PM