Research >> Economics
Treasury International Capital Data for May 2020
|
The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2020. The sum total in May of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC outflow of $4.5 billion. Of this, net foreign private outflows were $24.9 billion, and net foreign official inflows were $20.4 billion.
Foreign residents increased their holdings of long-term U.S. securities in May; net purchases were $68.0 billion. Net purchases by private foreign investors were $34.4 billion, while net purchases by foreign official institutions were $33.6 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $59.0 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $127.0 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 $93.8 billion in May.
Foreign residents increased their holdings of U.S. Treasury bills by $80.4 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $83.2 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $181.5 billion.
Posted: July 16, 2020 Thursday 04:00 PM