New Summary Table for Press Notice of Treasury International Capital Data Release

October 20, 2006

(Archived Content)

FROM THE OFFICE OF PUBLIC AFFAIRS

We recommend printing this release using the PDF file below.
To view or print the PDF content on this page, download the free Adobe® Acrobat® Reader®.

HP-144

The November press notice of the release of September Treasury International Capital (TIC) reporting system data will feature an expanded table summarizing monthly data being released on the U.S. Treasury web site ( www.treas.gov/tic). The reason for expanding the format of the table is to provide a fuller, more comprehensive accounting in the monthly press release of data collected by TIC. This new table will be used in all subsequent monthly TIC press notices.

The new table contains exactly the same data series as in previous press notices in lines 1 through 19 (i.e., purchases and sales of long-term securities).
Lines 20 through 32 provide additional data collected on a monthly basis by the TIC system that have been, for the most part, available on Treasury's web site but not included in the press notice.
Line 20 gives estimates of non-market flows of long-term securities (e.g., stock swaps and principal repayments on asset-backed securities) not collected in TIC data. Line 21 sums the totals of lines 19 and 20 to give a more comprehensive picture of net long-term securities flows.
Lines 22 through 28 provide data on monthly changes in foreign holdings of dollar-denominated short-term U.S. securities, negotiable CDs and selected other liabilities.
Line 29 provides data on financial flows arising from monthly changes in banks' own net dollar-denominated liabilities (e.g., changes in foreign deposits with resident U.S. banks and changes in U.S. banks' deposits in foreign banks).
Line 30 provides a comprehensive summary total, adding lines 21, 22 and 29.

The attached Table illustrates the new format with data released on the Treasury website October 17, 2006. A table that shows the historical values for each data series included in the new format is posted on the Treasury web site.

			TIC Monthly Reports on Cross-Border Portfolio Financial Flows
			(Billions of dollars, not seasonally adjusted)
								12 Months Through
						2004	2005	Aug-05	Aug-06	May-06	Jun-06	Jul-06	Aug-06
		Foreigners' Acquisitions of Long-term Securities

1			Gross Purchases of Domestic U.S. Securities			15178.9	17177.4	16478.8	18603.5	1923.1	1667.4	1453.2	1682.0
2			Gross Sales of Domestic U.S. Securities			14262.4	16166.8	15548.4	17525.5	1835.6	1582.7	1398.7	1562.5
3			Domestic Securities Purchased, net (line 1 less line 2) /1			916.5	1010.6	930.3	1078.0	87.5	84.7	54.5	119.5

4				Private, net /2		680.9	890.5	778.3	930.6	89.1	82.4	31.8	89.4
5					Treasury Bonds & Notes, net	150.9	270.1	187.6	192.9	21.8	31.4	-1.7	29.0
6					Gov't Agency Bonds, net	205.7	187.8	202.9	208.5	26.1	18.5	6.6	21.5
7					Corporate Bonds, net	298.0	353.2	333.1	416.5	39.6	37.7	18.0	34.7
8					Equities, net	26.2	79.4	54.7	112.8	1.5	-5.1	8.8	4.2

9				Official, net		235.6	120.1	152.0	147.4	-1.6	2.3	22.7	30.1
10					Treasury Bonds & Notes, net	201.1	68.5	107.6	45.7	-13.6	-4.4	8.2	17.4
11					Gov't Agency Bonds, net	20.8	31.6	26.8	65.6	8.5	4.4	11.8	9.8
12					Corporate Bonds, net	11.5	19.0	16.6	25.4	2.4	1.1	1.0	2.8
13					Equities, net	2.2	1.0	1.0	10.8	1.2	1.2	1.6	0.2

14			Gross Purchases of Foreign Securities from U.S. Residents			3123.1	3700.0	3323.1	4812.1	539.3	447.0	365.4	408.0
15			Gross Sales of Foreign Securities to U.S. Residents			3276.0	3872.4	3507.7	4995.4	559.8	456.3	387.1	410.7
16			Foreign Securities Purchased, net (line 14 less line 15) /3			-152.8	-172.4	-184.6	-183.3	-20.5	-9.2	-21.7	-2.7

17					Foreign Bonds Purchased, net	-67.9	-45.1	-66.9	-94.2	-15.6	-10.3	-18.8	-9.9
18					Foreign Equities Purchased, net	-85.0	-127.3	-117.7	-89.0	-4.9	1.1	-2.9	7.1

19			Net Long-Term Securities Transactions (line 3 plus line 16):			763.6	838.2	745.8	894.7	67.0	75.5	32.9	116.8

20			Other Acquisitions of Long-term Securities, net 4/			-38.8	-140.0	-70.1	-147.3	-9.1	-15.7	-14.5	-11.1

21		Net Foreign Acquisition of Long-Term Securities
					(lines 19 and 20) :	724.8	698.2	675.7	747.4	57.9	59.7	18.4	105.7

22		Increase in Foreign Holdings of Dollar-denominated Short-term
					U.S. Securities and Other Custody Liabilities: /5	190.1	-47.2	-43.0	118.7	26.8	51.1	29.7	9.6
23			U.S. Treasury Bills			60.0	-58.9	-45.0	-13.7	-3.4	-7.1	6.3	4.6
24				Private, net		26.8	-15.6	3.9	-0.7	-1.0	0.1	7.1	-0.6
25				Official, net		33.2	-43.3	-48.9	-13.0	-2.4	-7.1	-0.9	5.3
26			Other Negotiable Instruments
					and Selected Other Liabilities: /6	130.1	11.7	1.9	132.4	30.2	58.1	23.4	4.9
27				Private, net		77.4	10.9	-10.0	130.6	18.1	52.5	25.4	10.3
28				Official, net		52.8	0.8	11.9	1.8	12.1	5.6	-2.0	-5.4

29		Change in Banks Own Net Dollar-Denominated Liabilities /7				63.9	16.4	16.5	66.1	11.6	-107.0	3.3	-12.3

30	Monthly Net TIC Flows (lines 21,22,29)					978.9	667.4	649.1	932.2	96.3	3.8	51.4	103.0
		of which
31			Private, net			637.4	579.5	505.3	779.9	82.3	-7.5	31.7	87.3
32			Official, net			341.5	87.9	143.8	152.3	14.0	11.3	19.6	15.6


/1			Net foreign purchases of U.S. securities (+)
/2			Includes international and regional organizations
/3			Net U.S. acquisitions of foreign securities (-)
				(foreign purchases of foreign securities = U.S. sales of foreign securities to foreigners)
/4			Minus estimated unrecorded principal repayments to foreigners on domestic asset-backed securities +
				estimated foreign acquisitions of U.S. equity through stock swaps -
				estimated U.S. acquisitions of foreign equity through stock swaps +
				increase in nonmarketable Treasury Bonds and Notes Issued to Official Institutions and Other Residents of Foreign Countries.
/5			These are data primarily on monthly changes in banks' and broker/dealers' custody liabilities. Data on custody claims
				are collected quarterly and published in the Treasury Bulletin.
/6			"Selected Other Liabilities" are primarily the foreign liabilities of U.S. customers that are managed by U.S. banks or broker/dealers.
/7			Non-dollar denominated holdings are reported quarterly.

REPORTS

(PDF) TIC Monthly Reports on Cross-Border Portfolio Financial Flows (Billions of dollars, not seasonally adjusted)