Research >> Economics
Treasury International Capital Data for November 2011
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for November 2011. Foreign residents increased their holdings of long-term U.S. securities in November — net purchases were $58.0 billion.
Net purchases by private foreign investors were $40.3 billion, and net purchases by foreign official institutions were $17.7 billion. At the same time, U.S. residents decreased their holdings of long-term foreign securities, with net sales of $1.9 billion.
Taking into account transactions in both foreign and U.S. securities, the net foreign purchases of long-term securities were $59.8 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 $44.4 billion in November.
Foreigners increased their holdings of U.S. Treasury bills by $26.1 billion. Foreign holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $38.0 billion.
Banks’ own net dollar-denominated liabilities to foreign residents decreased by $33.8 billion.
In sum, the net foreign acquisition of long-term securities, the change in foreign holdings of short-term U.S. securities, and banking flows yielded monthly net TIC inflows of $48.6 billion. Of this, net foreign private inflows were $28.2 billion, and net foreign official inflows were $20.4 billion.
Posted: January 18, 2012 Wednesday 09:00 AM