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Treasury International Capital Data for May 2021
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2021. The sum total in May of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $105.3 billion. Of this, net foreign private inflows were $128.4 billion, and net foreign official outflows were $23.1 billion.
Foreign residents decreased their holdings of long-term U.S. securities in May; net sales were $40.3 billion. Net sales by private foreign investors were $41.6 billion, while net purchases by foreign official institutions were $1.3 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $10.1 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign sales of long-term securities were $30.2 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 $63.6 billion in May.
Foreign residents decreased their holdings of U.S. Treasury bills by $18.5 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $9.7 billion. Banks’ own net dollar-denominated liabilities to foreign residents increased by $159.2 billion.
Posted: July 16, 2021 Friday 04:00 PM