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TIC Monthly Reports on Cross-Border Financial Flows |
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(Billions of dollars, not seasonally adjusted) |
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12 Months Through |
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2004 |
2005 |
Nov-05 |
Nov-06 |
Aug-06 |
Sep-06 |
Oct-06 |
Nov-06 |
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Foreigners' Acquisitions of Long-term Securities |
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1 |
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Gross Purchases of Domestic U.S. Securities |
15178.9 |
17157.5 |
17242.8 |
19020.9 |
1623.1 |
1626.1 |
1746.3 |
1803.6 |
2 |
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Gross Sales of Domestic U.S. Securities |
14262.4 |
16145.9 |
16221.8 |
17930.5 |
1501.6 |
1532.5 |
1642.1 |
1696.2 |
3 |
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Domestic Securities Purchased, net (line 1 less line 2) /1 |
916.5 |
1011.5 |
1021.0 |
1090.4 |
121.5 |
93.6 |
104.2 |
107.4 |
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4 |
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Private, net /2 |
680.9 |
891.1 |
901.5 |
917.6 |
91.9 |
76.9 |
78.9 |
101.0 |
5 |
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Treasury Bonds & Notes, net |
150.9 |
269.4 |
259.6 |
123.9 |
27.9 |
-7.9 |
7.8 |
26.0 |
6 |
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Gov't Agency Bonds, net |
205.7 |
187.6 |
204.8 |
190.9 |
21.7 |
17.7 |
9.9 |
10.8 |
7 |
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Corporate Bonds, net |
298.0 |
353.1 |
359.1 |
461.9 |
34.7 |
56.8 |
37.5 |
60.3 |
8 |
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Equities, net |
26.2 |
81.0 |
78.0 |
140.9 |
7.7 |
10.3 |
23.6 |
3.9 |
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9 |
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Official, net /3 |
235.6 |
120.4 |
119.5 |
172.8 |
29.6 |
16.7 |
25.3 |
6.5 |
10 |
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Treasury Bonds & Notes, net |
201.1 |
68.7 |
69.8 |
62.3 |
16.9 |
7.7 |
18.5 |
1.0 |
11 |
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Gov't Agency Bonds, net |
20.8 |
31.6 |
29.9 |
76.0 |
9.8 |
7.9 |
5.3 |
3.9 |
12 |
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Corporate Bonds, net |
11.5 |
19.1 |
18.2 |
28.2 |
2.7 |
1.8 |
2.0 |
3.6 |
13 |
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Equities, net |
2.2 |
1.0 |
1.6 |
6.3 |
0.2 |
-0.7 |
-0.4 |
-2.1 |
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14 |
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Gross Purchases of Foreign Securities from U.S. Residents |
3123.1 |
3700.0 |
3615.1 |
5154.4 |
406.0 |
405.6 |
483.0 |
510.5 |
15 |
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Gross Sales of Foreign Securities to U.S. Residents |
3276.0 |
3872.4 |
3787.9 |
5386.2 |
410.0 |
427.7 |
501.9 |
549.6 |
16 |
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Foreign Securities Purchased, net (line 14 less line 15) /4 |
-152.8 |
-172.4 |
-172.7 |
-231.9 |
-4.0 |
-22.0 |
-18.9 |
-39.1 |
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17 |
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Foreign Bonds Purchased, net |
-67.9 |
-45.1 |
-47.8 |
-121.6 |
-9.9 |
-13.4 |
-7.5 |
-17.8 |
18 |
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Foreign Equities Purchased, net |
-85.0 |
-127.3 |
-125.0 |
-110.3 |
5.9 |
-8.6 |
-11.4 |
-21.2 |
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19 |
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Net Long-Term Securities Transactions (line 3 plus line 16): |
763.6 |
839.1 |
848.2 |
858.5 |
117.6 |
71.6 |
85.3 |
68.4 |
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20 |
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Other Acquisitions of Long-term Securities, net /5 |
-38.8 |
-140.0 |
-136.3 |
-141.9 |
-11.1 |
-11.9 |
-10.4 |
-10.4 |
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21 |
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Net Foreign Acquisition of Long-Term Securities |
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(lines 19 and 20) : |
724.8 |
699.1 |
712.0 |
716.6 |
106.4 |
59.7 |
74.9 |
58.0 |
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22 |
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Increase in Foreign Holdings of Dollar-denominated Short-term |
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U.S. Securities and Other Custody Liabilities: /6 |
190.1 |
-47.6 |
-44.6 |
112.4 |
3.9 |
-10.3 |
0.5 |
15.6 |
23 |
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U.S. Treasury Bills |
60.0 |
-58.9 |
-47.5 |
-21.3 |
2.1 |
-14.5 |
4.1 |
9.5 |
24 |
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Private, net |
26.8 |
-15.6 |
-5.5 |
7.4 |
-1.5 |
-3.9 |
5.0 |
1.8 |
25 |
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Official, net |
33.2 |
-43.3 |
-42.0 |
-28.7 |
3.6 |
-10.6 |
-0.9 |
7.7 |
26 |
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Other Negotiable Instruments |
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and Selected Other Liabilities: /7 |
130.1 |
11.4 |
2.9 |
133.7 |
1.8 |
4.1 |
-3.5 |
6.1 |
27 |
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Private, net |
77.4 |
10.6 |
4.9 |
144.0 |
9.6 |
5.9 |
7.3 |
7.9 |
28 |
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Official, net |
52.8 |
0.8 |
-2.0 |
-10.3 |
-7.8 |
-1.7 |
-10.8 |
-1.8 |
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29 |
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Change in Banks' Own Net Dollar-Denominated Liabilities |
63.9 |
16.4 |
15.2 |
14.2 |
-14.8 |
11.2 |
-15.0 |
1.3 |
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30 |
Monthly Net TIC Flows (lines 21,22,29) /8 |
978.9 |
667.9 |
682.5 |
843.2 |
95.5 |
60.6 |
60.4 |
74.9 |
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of which |
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31 |
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Private, net |
637.2 |
580.6 |
578.4 |
741.9 |
83.9 |
48.6 |
67.3 |
65.8 |
32 |
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Official, net |
341.6 |
87.3 |
104.2 |
101.3 |
11.6 |
11.9 |
-6.9 |
9.1 |
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/1 |
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Net foreign purchases of U.S. securities (+) |
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/2 |
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Includes international and regional organizations |
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/3 |
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The reported division of net purchases of long-term securities between net purchases by foreign official institutions and net purchases |
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of other foreign investors is subject to a "transaction bias" described in Frequently Asked Questions 7 and 10.a.4 on the TIC web site. |
/4 |
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Net transactions in foreign securities by U.S. residents. Foreign purchases of foreign securities = U.S. sales of foreign securities to foreigners. |
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Thus negative entries indicate net U.S. purchases of foreign securities, or an outflow of capital from the United States; positive entries |
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indicate net U.S. sales of foreign securities. |
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/5 |
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Minus estimated unrecorded principal repayments to foreigners on domestic corporate and agency asset-backed securities + |
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estimated foreign acquisitions of U.S. equity through stock swaps - |
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estimated U.S. acquisitions of foreign equity through stock swaps + |
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increase in nonmarketable Treasury Bonds and Notes Issued to Official Institutions and Other Residents of Foreign Countries. |
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/6 |
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These are primarily data on monthly changes in banks' and broker/dealers' custody liabilities. Data on custody claims are collected |
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quarterly and published in the Treasury Bulletin and the TIC web site. |
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/7 |
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"Selected Other Liabilities" are primarily the foreign liabilities of U.S. customers that are managed by U.S. banks or broker/dealers. |
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/8 |
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TIC data cover most components of international financial flows, but do not include data on direct investment flows, which are collected |
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and published by the Department of Commerce's Bureau of Economic Analysis. In addition to the monthly data summarized here, the |
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TIC collects quarterly data on some banking and nonbanking assets and liabilities. Frequently Asked Question 1 on the TIC web |
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site describes the scope of TIC data collection. |
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