The U.S. Department of the Treasury has published the Treasury International Capital (TIC) data for October 2024, indicating a net TIC inflow of $203.6 billion. This includes net foreign private inflows of $220.0 billion and net foreign official outflows of $16.4 billion.
Foreign residents increased their holdings of long-term U.S. securities with net purchases totaling $136.3 billion in October. Of this amount, private foreign investors accounted for $126.6 billion, while foreign official institutions contributed $9.7 billion in net purchases.
U.S. residents reduced their holdings of long-term foreign securities by selling a net total of $15.9 billion.
Taking into account adjustments like estimated foreign portfolio acquisitions through stock swaps, overall net foreign purchases of long-term securities are estimated to be $152.3 billion for October.
Foreign residents also increased their holdings of U.S. Treasury bills by $13.2 billion and expanded their ownership of all dollar-denominated short-term U.S. securities and other custody liabilities by $8.5 billion.
Banks’ own net dollar-denominated liabilities to foreign residents rose by $42.8 billion during this period.
The complete TIC data is accessible on the Treasury’s website at: https://home.treasury.gov/data/treasury-international-capital-tic-system
“TIC data help provide a window into foreign ownership of U.S securities,” the release noted, but cautioned that they “cannot attribute holdings…with complete accuracy.”
The next set of TIC data will cover November 2024 and is scheduled for release on January 17, 2025.
