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Treasury International Capital Data for October 2016
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The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for October 2016. The sum total in October of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC inflow of $18.8 billion. Of this, net foreign private inflows were $60.5 billion, and net foreign official outflows were $41.7 billion.
Foreign residents decreased their holdings of long-term U.S. securities in October; net sales were $6.0 billion. Net purchases by private foreign investors were $32.8 billion, while net sales by foreign official institutions were $38.8 billion. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $15.4 billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of long-term securities were $9.4 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 $12.9 billion in October.
Foreign residents decreased their holdings of U.S. Treasury bills by $38.4 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $21.7 billion. Banks' own net dollar-denominated liabilities to foreign residents increased by $53.4 billion.
Posted: December 15, 2016 Thursday 04:00 PM