Research >> Economics
Treasury International Capital Data for May 2018
|
The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2018. 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 inflow of $69.9 billion. Of this, net foreign private inflows were $58.8 billion, and net foreign official inflows were $11.1 billion.
Foreign residents increased their holdings of long-term U.S. securities in May; net purchases were $20.3 billion. Net purchases by private foreign investors were $31.3 billion, while net sales by foreign official institutions were $10.9 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $25.3 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $45.6 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 $31.2 billion in May.
Foreign residents increased their holdings of U.S. Treasury bills by $30.0 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $30.5 billion. Banks’ own net dollar-denominated liabilities to foreign residents increased by $8.2 billion.
Posted: July 17, 2018 Tuesday 04:00 PM