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Treasury International Capital Data for June 2012
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for June 2012. The sum total in June of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC inflow of $16.7 billion. Of this, net foreign private inflows were $28.8 billion, and net foreign official outflows were $12.1 billion.
Foreign residents increased their holdings of long-term U.S. securities in June – net purchases were $5.5 billion. Net sales by private foreign investors were $1.4 billion, and net purchases by foreign official institutions were $6.8 billion. At the same time, U.S. residents decreased their holdings of long-term foreign securities, with net sales of $3.9 billion.
Taking into account transactions in both foreign and U.S. securities, the net foreign purchases of long-term securities were $9.3 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 $6.0 billion in May.
Foreign residents increased their holdings of U.S. Treasury bills by $1.7 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $1.0 billion. Banks’ own net dollar-denominated liabilities to foreign residents increased by $23.7 billion.
Posted: August 15, 2012 Wednesday 09:00 AM