WASHINGTON – The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for August 2013. The next release, which will report on data for September 2013, is scheduled for November 18, 2013.
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 outflow of negative $2.9 billion. Of this, net foreign private outflows were negative $15.1 billion, and net foreign official inflows were $12.1 billion.
Foreign residents decreased their holdings of long-term U.S. securities in August; net sales were $8.5 billion. Net sales by private foreign investors were $3.7 billion, and net sales by foreign official institutions were $4.8 billion.
At the same time, U.S. residents increased their holdings of long-term foreign securities, with net purchases of $0.4 billion.
Taking into account transactions in both foreign and U.S. securities, the net foreign sales of long-term securities were $8.9 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 is estimated to have been negative $24.3 billion in August.
Foreign residents increased their holdings of U.S. Treasury bills by $17.5 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $5.8 billion.
Banks’ own net dollar-denominated liabilities to foreign residents increased by $27.2 billion.