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Treasury International Capital Data for August 2012
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for August 2012. The sum total in August of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC inflow of $91.4 billion. Of this, net foreign private inflows were $50.0 billion, and net foreign official inflows were $41.4 billion.
Foreign residents increased their holdings of long-term U.S. securities in August – net purchases were $78.5 billion. Net purchases by private foreign investors were $48.6 billion, and net purchases by foreign official institutions were $29.9 billion. At the same time, U.S. residents decreased their holdings of long-term foreign securities, with net sales of $11.5 billion.
Taking into account transactions in both foreign and U.S. securities, the net foreign purchases of long-term securities were $90.0 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 $75.9 billion in August.
Foreign residents increased their holdings of U.S. Treasury bills by $39.1 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $48.4 billion. Banks’ own net dollar-denominated liabilities to foreign residents decreased by $32.9 billion.
Posted: October 16, 2012 Tuesday 09:00 AM