The U.S. Department of the Treasury has published the Treasury International Capital (TIC) data for September 2024, revealing a net TIC inflow of $398.4 billion. This figure includes net foreign private inflows of $341.1 billion and net foreign official inflows of $57.3 billion.
Foreign residents increased their holdings of long-term U.S. securities by a net purchase amount of $263.1 billion in September. Within this, private foreign investors accounted for $252.8 billion, while foreign official institutions contributed $10.3 billion in net purchases.
Meanwhile, U.S. residents raised their holdings of long-term foreign securities with net purchases totaling $47.1 billion.
After accounting for adjustments such as estimated foreign portfolio acquisitions through stock swaps, overall net foreign purchases of long-term securities were approximately $216.1 billion for the month.
Additionally, foreign residents boosted their holdings of U.S. Treasury bills by $20.4 billion and all dollar-denominated short-term U.S. securities and other custody liabilities saw an increase by $20.9 billion.
Banks' own net dollar-denominated liabilities to foreign residents grew by $161.4 billion during September.
Complete data can be accessed on the Treasury's website at: https://home.treasury.gov/data/treasury-international-capital-tic-system
The TIC data offers insights into foreign ownership patterns concerning U.S securities, though it does not fully attribute holdings due to potential inaccuracies such as custodial accounts held in third countries or investments managed by foreign portfolio managers on behalf of other nations' residents.
