Research >> Economics
Treasury International Capital Data for January 2012
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for January 2012.Foreign residents increased their holdings of long-term U.S. securities in January – net purchases were $94.7 billion.
Net purchases by private foreign investors were $60.8 billion, and net purchases by foreign official institutions were $34.0 billion. At the same time, U.S. residents decreased their holdings of long-term foreign securities, with net sales of $6.3 billion.
Taking into account transactions in both foreign and U.S. securities, the net foreign purchases of long-term securities were $101.0 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 $84.4 billion in January.
Foreigners decreased their holdings of U.S. Treasury bills by $36.9 billion. Foreign holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $34.1 billion.
Banks’ own net dollar-denominated liabilities to foreign residents decreased by $31.5 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 $18.8 billion. Of this, net foreign private inflows were $13.5 billion, and net foreign official inflows were $5.3 billion.
Posted: March 15, 2012 Thursday 09:00 AM