Research >> Economics
Treasury International Capital Data for October 2018
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for October 2018. 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 inflow of $42.0 billion. Of this, net foreign private inflows were $84.1 billion, and net foreign official outflows were $42.1 billion.
Foreign residents decreased their holdings of long-term U.S. securities in October; net sales were $6.5 billion. Net purchases by private foreign investors were $29.7 billion, while net sales by foreign official institutions were $36.2 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $37.8 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $31.3 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 $18.3 billion in October.
Foreign residents increased their holdings of U.S. Treasury bills by $8.3 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $16.5 billion. Banks’ own net dollar-denominated liabilities to foreign residents increased by $43.9 billion.
Posted: December 17, 2018 Monday 04:00 PM