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Treasury International Capital Data for December 2018
The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for December 2018. The sum total in December of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC outflow of $33.1 billion. Of this, net foreign private outflows were $2.3 billion, and net foreign official outflows were $30.7 billion.
Foreign residents decreased their holdings of long-term U.S. securities in December; net sales were $91.4 billion. Net sales by private foreign investors were $68.7 billion, while net sales by foreign official institutions were $22.7 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $43.1 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign sales of long-term securities were $48.3 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 $66.6 billion in December.
Foreign residents increased their holdings of U.S. Treasury bills by $2.1 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $103.2 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $69.6 billion.
Posted: February 15, 2019 Friday 04:00 PM