Research >> Economics
Treasury International Capital Data for October 2011
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for October 2011. Foreign residents increased their holdings of long-term U.S. securities in October — net purchases were $2.6 billion.
Net purchases by private foreign investors were $10.1 billion, and net sales by foreign official institutions were $7.5 billion. At the same time, U.S. residents decreased their holdings of long-term foreign securities, with net sales of $2.2 billion.
Taking into account transactions in both foreign and U.S. securities, the net foreign purchases of long-term securities were $4.8 billion. After including adjustments, such as estimates of unrecorded principal payments to foreigners on U.S. asset-backed securities, the overall net foreign acquisition of long-term securities is estimated to have been negative $13.4 billion in October.
Foreigners decreased their holdings of U.S. Treasury bills by $11.5 billion. Foreign holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $41.0 billion.
Banks’ own net dollar-denominated liabilities to foreign residents increased by $0.7 billion. Of the $48.8 billion, net foreign private outflows were $7.0 billion, and net foreign official outflows were $41.9 billion.
Posted: December 15, 2011 Thursday 09:00 AM