Research >> Economics
Treasury International Capital Data for July 2018
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for July 2018. The sum total in July of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $52.2 billion. Of this, net foreign private inflows were $71.6 billion, and net foreign official outflows were $19.4 billion.
Foreign residents increased their holdings of long-term U.S. securities in July; net purchases were $40.6 billion. Net purchases by private foreign investors were $54.4 billion, while net sales by foreign official institutions were $13.8 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $34.2 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $74.8 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 $56.6 billion in July.
Foreign residents increased their holdings of U.S. Treasury bills by $8.5 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $5.3 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $9.8 billion.
Posted: September 18, 2018 Tuesday 04:00 PM