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Treasury International Capital Data for November 2018
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for November 2018. The sum total in November of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $31.0 billion. Of this, net foreign private inflows were $50.3 billion, and net foreign official outflows were $19.3 billion.
Foreign residents increased their holdings of long-term U.S. securities in November; net purchases were $1.2 billion. Net purchases by private foreign investors were $29.8 billion, while net sales by foreign official institutions were $28.6 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $36.4 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $37.6 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 $25.3 billion in November.
Foreign residents increased their holdings of U.S. Treasury bills by $19.8 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $24.7 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $19.1 billion.
Posted: January 31, 2019 Thursday 04:00 PM