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Treasury International Capital Data for November 2013
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for November 2013. The sum total in November of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC outflow of $16.6 billion. Of this, net foreign private outflows were $30.5 billion, and net foreign official inflows were $13.9 billion.
Foreign residents decreased their holdings of long-term U.S. securities in November; net sales were $11.4 billion. Net sales by private foreign investors were $21.5 billion, while net purchases by foreign official institutions were $10.2 billion. U.S. residents increased their holdings of long-term foreign securities, with net purchases of $17.9 billion.
Taking into account transactions in both foreign and U.S. securities, the net foreign sales of long-term securities were $29.3 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 $40.6 billion in November.
Foreign residents increased their holdings of U.S. Treasury bills by $21.5 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased $18.5 billion. Banks’ own net dollar-denominated liabilities to foreign residents increased by $5.5 billion.
Posted: January 16, 2014 Thursday 09:00 AM