Treasury International Capital (TIC) data for October are released today and posted on the U.S. Treasury web site ( www.treas.gov/tic). The next release date, which will report on data for November, is scheduled for January 18, 2005.
Long-Term Domestic Securities
Gross purchases of domestic securities by foreigners were $1,222.7 billion in October, exceeding gross sales of domestic securities by foreigners of $1,159.4 billion during the same month.
Foreign purchases of domestic securities reached $63.3 billion on a net basis in October, relative to $64.7 billion during the previous month. Private net flows reached $49.1 billion in October. Net private purchases of Treasury Bonds and Notes decreased to $3.5 billion from $6.0 billion the preceding month. Net private purchases of Government Agency Bonds were $22.8 billion, up from $6.1 billion the previous month. Net private purchases of Corporate Bonds fell to $18.3 billion from $42.7 billion the previous month. Net private purchases of Equities rose to $4.5 billion from minus $3.1 billion.
Official net purchases of U.S. securities were $14.2 billion in October, relative to $13.0 billion in September. Official net purchases of Treasury Bonds and Notes of $14.8 billion more than accounted for the official inflows in October, up from $9.8 billion the previous month.
Long-Term Foreign Securities
Gross purchases of foreign securities owned by U.S. residents were $253.3 billion in October, relative to gross sales of foreign securities to U.S. residents of $268.5 billion during the same month.
Gross sales of foreign securities to U.S. residents exceeded purchases by $15.2 billion, highlighting net U.S. purchases of $12.0 billion in Foreign Equities and $3.2 billion in Foreign Bonds.
Net Long-Term Securities Flows
Net foreign purchases of both domestic and foreign long-term securities from U.S. residents were $48.1 billion in October compared with $67.5 billion in September. Net foreign purchases of long-term securities were $850.6 billion in the 12-months through October 2004 as compared to $649.4 billion during the twelve months through October 2003.
The full data set, including adjustments for repayments of principal on asset-backed securities, as well as historical series, can be found on the TIC web site, www.treas.gov/tic/.
ForeignersTransactions in Long-Term Securities with U.S. Residents