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Treasury International Capital Data for September 2020
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for September 2020. The sum total in September of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC outflow of $79.9 billion. Of this, net foreign private outflows were $40.3 billion, and net foreign official outflows were $39.6 billion.
Foreign residents increased their holdings of long-term U.S. securities in September; net purchases were $78.2 billion. Net purchases by private foreign investors were $58.6 billion, while net purchases by foreign official institutions were $19.6 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $30.7 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $108.9 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 $67.4 billion in September.
Foreign residents decreased their holdings of U.S. Treasury bills by $30.3 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $57.2 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $90.1 billion.
Posted: November 17, 2020 Tuesday 04:00 PM