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Treasury International Capital Data for August 2018
The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for August 2018. The sum total in August of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $108.2 billion. Of this, net foreign private inflows were $104.6 billion, and net foreign official inflows were $3.6 billion.
Foreign residents increased their holdings of long-term U.S. securities in August; net purchases were $77.1 billion. Net purchases by private foreign investors were $70.0 billion, while net purchases by foreign official institutions were $7.2 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $54.7 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $131.8 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 $111.5 billion in August.
Foreign residents decreased their holdings of U.S. Treasury bills by $7.8 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $8.0 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $11.3 billion.
Posted: October 16, 2018 Tuesday 04:00 PM