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Treasury International Capital Data for March 2014
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for March 2014. The sum total in March of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC outflow of $126.1 billion. Of this, net foreign private outflows were $115.5 billion, and net foreign official outflows were $10.6 billion.
Foreign residents increased their holdings of long-term U.S. securities in March; net purchases were $9.3 billion. Net purchases by private foreign investors were $2.9 billion, while net purchases by foreign official institutions were $6.4 billion. U.S. residents increased their holdings of long-term foreign securities, with net purchases of $5.3 billion.
Taking into account transactions in both foreign and U.S. securities, the net foreign purchases of long-term securities were $4.0 billion. After including adjustments, such as estimates of unrecorded principal payments to foreigners on U.S. asset-backed securities, overall net foreign sales of long-term securities are estimated to have been $5.3 billion in March.
Foreign residents increased their holdings of U.S. Treasury bills by $9.8 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $3.0 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $117.8 billion.
Posted: May 15, 2014 Thursday 09:00 AM