Research >> Economics
Treasury International Capital Data for November 2019
|
The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for November 2019. The sum total in November of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $73.1 billion. Of this, net foreign private inflows were $105.7 billion, and net foreign official outflows were $32.5 billion.
Foreign residents increased their holdings of long-term U.S. securities in November; net purchases were $7.3 billion. Net purchases by private foreign investors were $16.0 billion, while net sales by foreign official institutions were $8.7 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $15.6 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $22.9 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 $3.4 billion in November.
Foreign residents decreased their holdings of U.S. Treasury bills by $16.8 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $9.1 billion. Banks’ own net dollar-denominated liabilities to foreign residents increased by $67.4 billion.
Posted: January 16, 2020 Thursday 04:00 PM