The U.S. Department of the Treasury has released its Treasury International Capital (TIC) data for June 2025, providing a detailed look at cross-border financial flows involving U.S. securities and banking.
According to the report, the total net foreign acquisitions—including long-term securities, short-term U.S. securities, and banking flows—resulted in a net TIC inflow of $77.8 billion for June. Net foreign private inflows amounted to $7.3 billion, while net foreign official inflows reached $70.5 billion.
Foreign residents increased their holdings of long-term U.S. securities by $192.3 billion during the month. Private foreign investors accounted for $154.6 billion of these purchases, and foreign official institutions contributed another $37.7 billion.
U.S. residents also expanded their holdings of long-term foreign securities with net purchases totaling $41.5 billion in June.
After adjustments such as estimated portfolio acquisitions through stock swaps, overall net foreign purchases of long-term securities were estimated at $150.8 billion for the month.
In terms of short-term assets, foreign residents raised their holdings of U.S. Treasury bills by $9.8 billion but decreased their holdings in all dollar-denominated short-term U.S. securities and other custody liabilities by $12.4 billion.
Banks’ own net dollar-denominated liabilities to foreign residents declined by $60.6 billion during this period.
The Treasury noted that complete data are available on its website.
The monthly TIC data provide insight into foreign ownership of U.S. securities based primarily on custodial information; however, there are limitations regarding attribution accuracy due to factors such as third-country custodianship or management by private portfolio managers investing on behalf of others outside their country of residence. Some dollar-denominated assets held abroad may not be captured in TIC data, making it difficult to draw precise conclusions about changes in specific countries’ holdings.
The next release covering July 2025 is scheduled for September 18, 2025.
