FROM THE OFFICE OF PUBLIC AFFAIRS
Washington — The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for December 2008. The next release, which will report on data for January 2009, is scheduled for March 16, 2009.
Net foreign purchases of long-term securities were $34.8 billion.
- Net foreign purchases of long-term U.S. securities were $22.4 billion. Of this, net purchases by private foreign investors were $25.2 billion, and net purchases by foreign official institutions were negative $2.8 billion.
- U.S. residents sold a net $12.4 billion of long-term foreign securities.
Net foreign acquisition of long-term securities, taking into account adjustments, is estimated to have been $24.4 billion.
Foreign holdings of dollar-denominated short-term U.S. securities, including Treasury bills, and other custody liabilities increased $2.1 billion. Foreign holdings of Treasury bills increased $25.3 billion.
Banks’ own net dollar-denominated liabilities to foreign residents increased $47.5 billion.
Monthly net TIC flows were $74.0 billion. Of this, net foreign private flows were $65.7 billion, and net foreign official flows were $8.2 billion.
Complete data is available on the Treasury website at www.treas.gov/tic.