Research >> Economics
Treasury International Capital Data for February 2020
|
The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for February 2020. The sum total in February of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC outflow of $13.4 billion. Of this, net foreign private outflows were $9.2 billion, and net foreign official outflows were $4.2 billion.
Foreign residents increased their holdings of long-term U.S. securities in February; net purchases were $35.3 billion. Net purchases by private foreign investors were $14.4 billion, while net purchases by foreign official institutions were $20.9 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $14.0 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $49.4 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 $24.7 billion in February.
Foreign residents increased their holdings of U.S. Treasury bills by $31.0 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $18.8 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $56.9 billion.
Posted: April 15, 2020 Wednesday 04:00 PM