FROM THE OFFICE OF PUBLIC AFFAIRS

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May 15, 2009
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Treasury International Capital (TIC) Data for March

Washington — The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for March 2009. The next release, which will report on data for April 2009, is scheduled for June 15, 2009. 

Net foreign purchases of long-term securities were $55.8 billion.

  • Net foreign purchases of long-term U.S. securities were $56.4 billion. Of this, net purchases by private foreign investors were $30.0 billion, and net purchases by foreign official institutions were $26.4 billion.
  • U.S. residents purchased a net $0.6 billion of long-term foreign securities.

Net foreign acquisition of long-term securities, taking into account adjustments, is estimated to have been $36.9 billion.

Foreign holdings of dollar-denominated short-term U.S. securities, including Treasury bills, and other custody liabilities increased $26.7 billion. Foreign holdings of Treasury bills increased $47.9 billion.

Banks’ own net dollar-denominated liabilities to foreign residents decreased $40.5 billion.

Monthly net TIC flows were $23.2 billion. Of this, net foreign private flows were $9.8 billion, and net foreign official flows were $13.5 billion.

Complete data are available on the Treasury website at www.treas.gov/tic.

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TIC Monthly Reports on Cross-Border Financial Flows
(Billions of dollars, not seasonally adjusted)
                12 Months Through        
            2007 2008 Mar-08 Mar-09 Dec-08 Jan-09 Feb-09 Mar-09
Foreigners' Acquisitions of Long-term Securities    
   
1 Gross Purchases of Domestic U.S. Securities 29730.6 30673.4 32241.8 26078.1 1480.2 1326.0 1446.7 1743.7
2 Gross Sales of Domestic U.S. Securities 28724.8 30260.9 31332.6 25814.7 1457.9 1337.7 1425.9 1687.3
3 Domestic Securities Purchased, net (line 1 less line 2) /1 1005.8 412.5 909.2 263.4 22.4 -11.7 20.8 56.4
     
4 Private, net /2 818.1 309.1 658.9 255.1 25.2 -3.1 25.9 30.0
5 Treasury Bonds & Notes, net 195.0 239.4 168.2 262.4 11.1 12.7 23.5 26.3
6 Gov't Agency Bonds, net 99.9 -6.2 127.9 -71.3 -24.6 -7.6 4.6 -13.1
7 Corporate Bonds, net 342.8 58.5 213.7 51.9 37.4 -8.6 3.1 4.5
8 Equities, net 180.4 17.4 149.0 12.2 1.2 0.4 -5.3 12.4
     
9 Official, net /3 187.7 103.4 250.3 8.2 -2.8 -8.5 -5.1 26.4
10 Treasury Bonds & Notes, net 3.0 76.6 64.8 41.2 3.9 -1.9 -2.0 29.0
11 Gov't Agency Bonds, net 119.1 -31.5 99.8 -61.9 -12.9 -7.9 -3.5 -2.5
12 Corporate Bonds, net 50.6 34.9 52.2 22.2 3.5 0.3 0.2 -0.9
13 Equities, net 15.1 23.4 33.5 6.7 2.6 1.0 0.1 0.7
     
14 Gross Purchases of Foreign Securities from U.S. Residents 8187.6 7701.4 8561.9 6533.1 354.1 348.4 313.4 377.9
15 Gross Sales of Foreign Securities to U.S. Residents 8416.8 7599.6 8755.7 6416.8 341.8 373.5 312.2 378.4
16 Foreign Securities Purchased, net (line 14 less line 15) /4 -229.2 101.8 -193.9 116.3 12.3 -25.1 1.2 -0.6
     
17 Foreign Bonds Purchased, net -133.9 81.8 -112.0 68.6 12.2 -27.9 -0.5 -0.3
18 Foreign Equities Purchased, net -95.3 20.1 -81.8 47.7 0.1 2.8 1.7 -0.3
     
19 Net Long-Term Securities Transactions (line 3 plus line 16): 776.6 514.3 715.3 379.7 34.6 -36.8 22.0 55.8
   
20 Other Acquisitions of Long-term Securities, net /5 -234.6 -194.4 -233.4 -191.0 -10.1 -17.3 -16.7 -18.9
   
21 Net Foreign Acquisition of Long-Term Securities    
(lines 19 and 20): 542.0 319.9 482.0 188.7 24.5 -54.1 5.4 36.9
   
22 Increase in Foreign Holdings of Dollar-denominated Short-term    
U.S. Securities and Other Custody Liabilities: /6 198.0 240.5 191.2 284.7 1.8 30.9 43.1 26.7
23 U.S. Treasury Bills 49.7 456.0 78.1 502.1 25.3 -15.4 68.3 47.9
24 Private, net 28.1 196.5 71.5 161.3 -5.4 -44.4 34.0 26.3
25 Official, net 21.5 259.5 6.6 340.8 30.7 29.0 34.3 21.5
26 Other Negotiable Instruments     
and Selected Other Liabilities: /7 148.4 -215.5 113.1 -217.4 -23.5 46.3 -25.1 -21.1
27 Private, net 72.2 -96.1 45.2 -89.2 -5.5 41.3 -14.2