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Treasury International Capital Data for December 2018
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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