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Press Notice TIC For June 2019
Press Notice TIC For June 2019
Washington – The U.S. Department of the Treasury today released Treasury International
Capital (TIC) data for April 2019. The next release, which will report on data for May 2019, is
scheduled for July 16, 2019.
The sum total in April of all net foreign acquisitions of long-term securities, short-term U.S.
securities, and banking flows was a net TIC outflow of $7.8 billion. Of this, net foreign private
outflows were $6.8 billion, and net foreign official outflows were $0.9 billion.
Foreign residents increased their holdings of long-term U.S. securities in April; net purchases
were $36.4 billion. Net purchases by private foreign investors were $53.4 billion, while net sales
by foreign official institutions were $17.0 billion.
U.S. residents decreased their holdings of long-term foreign securities, with net sales of $10.5
billion.
Taking into account transactions in both foreign and U.S. securities, net foreign purchases of
long-term securities were $46.9 billion. After including adjustments, such as estimates of
unrecorded principal payments to foreigners on U.S. asset-backed securities, overall net foreign
purchases of long-term securities are estimated to have been $40.8 billion in April.
Foreign residents decreased their holdings of U.S. Treasury bills by $29.5 billion. Foreign
resident holdings of all dollar-denominated short-term U.S. securities and other custody
liabilities decreased by $30.7 billion.
Banks’ own net dollar-denominated liabilities to foreign residents decreased by $17.8 billion.
Complete data are available on the Treasury website at:
www.treasury.gov/resource-center/data-chart-center/tic/Pages/index.aspx
The monthly data on holdings of long-term securities, as well as the monthly table on Major
Foreign Holders of Treasury Securities, reflect foreign holdings of U.S. securities collected
primarily on the basis of custodial data. These data help provide a window into foreign
ownership of U.S. securities, but they cannot attribute holdings of U.S. securities with complete
accuracy. For example, if a U.S. Treasury security purchased by a foreign resident is held in a
custodial account in a third country, the true ownership of the security will not be reflected in the
data. The custodial data will also not properly attribute U.S. Treasury securities managed by
foreign private portfolio managers who invest on behalf of residents of other countries. In
addition, foreign countries may hold dollars and other U.S. assets that are not captured in the TIC
data. For these reasons, it is difficult to draw precise conclusions from TIC data about changes
in the foreign holdings of U.S. financial assets by individual countries.
TIC M onthly Reports on Cross-Border Financial Flows
(Billions of dollars, not seasonally adjusted)
12 Months Through
2017 2018 Apr-19 Apr-19 Jan Feb Mar Apr
Foreigners' Acquisitions of Long-term Securities
1 Gross Purchases of Domestic U.S. Securities 31501.7 36563.5 33609.0 37810.7 3453.8 3198.6 3499.6 3188.2
2 Gross Sales of Domestic U.S. Securities 31096.3 36409.6 33134.6 37789.1 3473.4 3156.2 3527.4 3151.8
3 Domestic Securities Purchased, net (line 1 less line 2) /1 405.4 153.9 474.4 21.6 -19.6 42.4 -27.8 36.4
4 Private, net /2 510.5 254.6 502.0 192.1 -6.4 52.8 -18.1 53.4
5 Treasury Bonds & Notes, net 169.3 181.1 175.5 216.4 12.3 36.4 0.0 44.4
6 Gov't Agency Bonds, net 93.0 140.2 117.6 136.0 10.1 13.1 1.6 14.7
7 Corporate Bonds, net 129.8 56.1 125.5 47.8 3.1 12.2 4.7 -5.1
8 Equities, net 118.3 -122.8 83.4 -208.1 -31.9 -9.0 -24.5 -0.6
9 Official, net /3 -105.1 -100.7 -27.6 -170.5 -13.1 -10.4 -9.7 -17.0
10 Treasury Bonds & Notes, net -149.4 -179.5 -94.9 -244.3 -24.3 -16.5 -12.6 -27.5
11 Gov't Agency Bonds, net 42.0 89.9 68.3 90.2 12.9 9.4 3.1 10.5
12 Corporate Bonds, net 1.7 -4.1 2.4 -10.3 -2.4 -1.6 -1.1 0.3
13 Equities, net 0.5 -7.0 -3.5 -6.1 0.7 -1.7 0.8 -0.4
14 Gross Purchases of Foreign Securities from U.S. Residents 13711.0 17128.2 15499.5 17342.1 1540.9 1366.8 1608.0 1463.7
15 Gross Sales of Foreign Securities to U.S. Residents 13584.1 16759.5 15319.1 17044.4 1528.5 1357.3 1606.1 1453.2
16 Foreign Securities Purchased, net (line 14 less line 15) /4 126.9 368.7 180.5 297.6 12.4 9.5 1.9 10.5
17 Foreign Bonds Purchased, net 233.2 324.8 224.1 283.2 20.9 1.1 6.9 10.7
18 Foreign Equities Purchased, net -106.3 43.9 -43.7 14.5 -8.4 8.3 -5.0 -0.2
19 Net Long-term Securities Transactions (line 3 plus line 16): 532.3 522.6 654.8 319.2 -7.1 51.9 -25.9 46.9
20 Other Acquisitions of Long-term Securities, net /5 -224.9 -74.4 -101.0 -164.8 -12.3 -18.7 -12.4 -6.2
29 Change in Banks' Own Net Dollar-denominated Liabilities 80.2 -109.5 -73.8 -308.5 -112.3 -43.7 -37.1 -17.8
30 Monthly Net TIC Flows (lines 21,22,29) /8 577.7 758.4 717.5 222.0 -144.0 -21.5 -5.6 -7.8
of which
31 Private, net 758.7 913.4 816.4 452.5 -124.0 -11.5 16.1 -6.8
32 Official, net -181.0 -155.0 -98.9 -230.5 -20.0 -10.1 -21.7 -0.9