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Treasury International Capital Data for August 2014
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for August 2014. The sum total in August of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC inflow of $74.5 billion. Of this, net foreign private inflows were $63.1 billion, and net foreign official inflows were $11.4 billion.
Foreign residents increased their holdings of long-term U.S. securities in August; net purchases were $26.5 billion. Net purchases by private foreign investors were $20.7 billion, while net purchases by foreign official institutions were $5.9 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $25.5 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $52.1 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 $36.5 billion in August.
Foreign residents increased their holdings of U.S. Treasury bills by $10.2 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $21.8 billion. Banks' own net dollar-denominated liabilities to foreign residents increased by $16.3 billion.
Posted: October 16, 2014 Thursday 04:00 PM