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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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2007
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2008
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Aug-08
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Aug-09
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May-09
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Jun-09
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Jul-09
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Aug-09
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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
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29730.6
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30673.4
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32310.7
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21582.3
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1544.7
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2039.3
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1655.4
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1748.2
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2
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Gross Sales of Domestic U.S. Securities
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28724.8
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30263.2
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31538.5
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21317.5
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1536.8
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1915.7
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1611.4
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1715.3
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3
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Domestic Securities Purchased, net (line 1 less line 2) /1
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1005.8
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410.2
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772.2
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264.8
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7.9
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123.6
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44.0
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32.9
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4
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Private, net /2
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818.1
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306.8
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509.1
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279.5
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31.3
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105.2
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32.1
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21.3
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5
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Treasury Bonds & Notes, net
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195.0
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238.8
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247.9
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251.1
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-0.8
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78.0
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15.3
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10.7
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6
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Gov't Agency Bonds, net
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99.9
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-7.9
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61.1
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-37.2
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13.4
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10.9
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2.5
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6.8
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7
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Corporate Bonds, net
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342.8
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58.5
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134.5
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-23.1
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1.9
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-0.6
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-9.8
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-6.4
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8
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Equities, net
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180.4
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17.4
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65.6
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88.6
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16.8
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16.9
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24.0
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10.3
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9
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Official, net /3
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187.7
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103.4
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263.1
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-14.7
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-23.4
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18.4
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12.0
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11.6
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10
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Treasury Bonds & Notes, net
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3.0
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76.6
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124.8
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53.5
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-21.8
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22.5
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15.8
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13.2
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11
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Gov't Agency Bonds, net
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119.1
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-31.5
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47.7
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-82.5
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-0.6
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-5.9
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-7.2
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-1.6
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12
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Corporate Bonds, net
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50.6
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34.9
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57.9
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0.6
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-0.9
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-0.4
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-1.2
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-0.2
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13
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Equities, net
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15.1
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23.4
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32.6
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13.8
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-0.1
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2.2
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4.6
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0.2
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14
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Gross Purchases of Foreign Securities from U.S. Residents
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8187.6
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7701.4
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8282.2
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5247.3
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397.9
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483.2
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438.5
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387.2
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15
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Gross Sales of Foreign Securities to U.S. Residents
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8416.8
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7615.1
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8340.7
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5286.2
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425.3
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516.6
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467.3
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391.5
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16
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Foreign Securities Purchased, net (line 14 less line 15) /4
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-229.2
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86.3
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-58.5
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-38.9
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-27.4
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-33.4
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-28.7
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-4.3
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17
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Foreign Bonds Purchased, net
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-133.9
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66.2
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-31.3
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-21.8
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-16.2
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-19.6
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-14.2
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9.0
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18
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Foreign Equities Purchased, net
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-95.3
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20.1
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-27.2
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-17.1
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-11.2
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-13.8
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-14.5
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-13.3
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19
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Net Long-term Securities Transactions (line 3 plus line 16):
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776.6
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496.5
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713.6
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225.9
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-19.4
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90.2
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15.3
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28.6
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20
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Other Acquisitions of Long-term Securities, net /5
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-235.2
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-198.1
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-219.6
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-201.6
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-17.5
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-19.4
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-22.7
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-15.7
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21
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Net Foreign Acquisitions of Long-term Securities
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(lines 19 and 20) :
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541.4
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298.3
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494.1
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24.3
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-36.9
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70.7
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-7.3
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13.0
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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
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198.0
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229.4
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173.6
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178.0
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21.5
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-38.3
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-4.3
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-18.5
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23
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U.S. Treasury Bills
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49.7
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456.0
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144.2
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455.6
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53.1
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-11.0
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14.2
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-2.5
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24
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Private, net
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28.1
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196.5
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79.1
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93.9
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-2.5
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3.3
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-20.5
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-3.2
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25
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Official, net
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21.5
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259.5
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65.1
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361.7
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55.6
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-14.3
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34.7
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0.7
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26
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Other Negotiable Instruments
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and Selected Other Liabilities: /7
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148.4
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-226.6
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29.4
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-277.7
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-31.6
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-27.3
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-18.4
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-15.9
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27
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Private, net
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72.2
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-107.2
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14.7
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-155.7
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-28.5
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-22.5
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-9.7
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-9.4
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28
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Official, net
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76.2
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-119.4
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14.6
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-122.0
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-3.1
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-4.8
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-8.7
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-6.5
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29
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Change in Banks' Own Net Dollar-denominated Liabilities
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-127.2
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136.3
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-257.1
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-242.5
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-49.8
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-83.4
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-96.1
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15.7
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30
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Monthly Net TIC Flows (lines 21,22,29) /8
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612.2
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664.1
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410.5
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-40.3
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-65.3
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-51.0
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-107.7
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10.2
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of which
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31
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Private, net
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329.1
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504.4
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128.8
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-137.9
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-80.9
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-47.5
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-141.4
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14.9
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32
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Official, net
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283.1
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159.6
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281.7
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97.6
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15.6
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-3.5
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33.8
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-4.7
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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.
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/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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