The U.S. Department of the Treasury released Treasury International Capital (TIC) data for May 2024 today. The next release, covering June 2024, is scheduled for August 15, 2024.
In May, the total net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows resulted in a net TIC inflow of $15.8 billion. Of this amount, net foreign private inflows were $7.3 billion, while net foreign official inflows were $8.6 billion.
Foreign residents reduced their holdings of long-term U.S. securities in May with net sales amounting to $16.7 billion. Net sales by private foreign investors were $17.7 billion, while net purchases by foreign official institutions totaled $1.0 billion.
U.S. residents increased their holdings of long-term foreign securities with net purchases reaching $37.8 billion.
After accounting for adjustments such as estimated foreign portfolio acquisitions of U.S. stocks through stock swaps, overall net foreign sales of long-term securities are estimated at $54.6 billion in May.
Foreign residents decreased their holdings of U.S. Treasury bills by $9.8 billion but increased their holdings of all dollar-denominated short-term U.S. securities and other custody liabilities by $4.7 billion.
Banks’ own net dollar-denominated liabilities to foreign residents increased by $65.7 billion.
Complete data are available on the Treasury website at:
https://home.treasury.gov/data/treasury-international-capital-tic-system
About TIC Data
The monthly data on holdings of long-term securities and the monthly table on Major Foreign Holders of Treasury Securities reflect foreign holdings of U.S. securities collected primarily based on custodial data. These data provide insight into foreign ownership of U.S. securities but cannot attribute holdings with complete accuracy due to various factors such as custodial accounts in third countries or management by foreign private portfolio managers on behalf of other country residents.
Press Notice TIC for July 2024
TIC Monthly Reports on Cross-Border Financial Flows (Billions of dollars, not seasonally adjusted):
| | 12 Months Through | | | |
|—————-|———————–|—–|—–|—-|
| | 2022 |2023 |May-23|May-24|
| | |Feb |Mar |Apr |
| | | | | |
| Foreigners’ Acquisitions: |
| Gross U.S Sales: Domestic Securities |
| Domestic Securities: Net U.S Sales |
1 Gross U.S Sales:
61438.
451885.
453281.
855575.
04815.
15127.
25101.
75261.
92
2 Gross Purchases:
60443.
750820.
752173.
054447.
34686.
04936.
14942.
25278.
73
Net Long-Term Securities Transactions (lines 3 and 16):
1321
2992
81314
8786
057
6108
9123
354620
Other Acquisitions:
1503
98
70
Net Foreign Acquisition:
1171
98361216
78605761089123354622
Increase in Foreign Holdings:
19431043-48-96363322834
U.S Treasury Bills:
37413271681234215616299
Private Net:
2851214147718209831925Official Net89113201416074279Other Negotiable Instrumentsand Selected Other Liabilities:72317008-177860243931452727Private Net23102206511609197211328Official Net06164291691-26013329Change in Banks’ Own Net Dollar-Denominated Liabilities25850508143317255355865730Monthly Net Dollar-Denominated Portfolio Inflows (lines21,
22,
and29):816238291113018196594641158ofwhich31Private,
net1597645962265005363324267332Official,
net259183416781696597821586/1NetU.s.sales=NetforeignpurchasesofU.s.securities(+)./2Includesinternationalandregionalorganizations./3ThereporteddivisionofnetU.s.salesoflongtermsecuritiesbetweennetsalestoforeignofficialinstitutionsandnetsalestootherforeigninvestorsissubjecttoa”transactionbias”describedinFrequentlyAskedQuestions7and10.a.onTICwebsite./4NettransactionsinforeignsecuritiesbyU.s.residents.Foreignpurchasesofforeignsecurities=U.s.salesofforeignsecuritiestoforeignersThusnegativeentriesindicateNetu.spurchasesofforeignsecuritiesoranoutflowofcapitalfromtheUnitedStatespositiveentriesindicateNetu.ssalesofforeignsecurities./5Minusestimatedunrecordedprincipalrepaymentstoforeignersondomesticcorporateandagencyassetbackedsecurities(zeroafterJan2023)+estimatedforeignacquisitionsofu.sequitythroughstockswaps-estimatedu.s.acquisitionsofforeignequitythroughstockswaps+increaseinnonmarketableTreasuryBondsandNotesIssuedtoOfficialInstitutionsandOtherResidentsofForeignCountries./6Theseareprimarilydataonmonthlychangesinbanks’andbroker/dealers’custodyliabilities.DataoncustodyclaimsarecollectedquarterlyandpublishedintheTICwebsite./7″SelectedOtherLiabilities”areprimarilytheforeignliabilitiesofu.scustomersthataremanagedbyu.s.banksorbroker/dealers./8TICdatacovermostcomponentsofinternationalfinancialflowsbutdonotincludedataondirectinvestmentflowswhicharecollectedandpublishedbytheDepartmentofCommerce’sBureauofEconomicAnalysis.Inadditiontothemontlydatasummarizedhere,theTICcollectsquarterlydataonsomebankingandnonbankingassetsandliabilities.FrequentlyAskedQuestion1ontheTICwebsitedescribesthescopeofticdatacollection9SeriesbreakatFebruary2023forlines121andthedependentlines3032seeTICpressreleasesMarch15April152023
