Replies to post #11562 on Mostly: Classical

[amarksp]

10/18/04 Treasury International Capital Data For August

Treasury International Capital (TIC) data for August 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 September, is scheduled for November 16, 2004.

Long-Term Domestic Securities

Gross purchases of domestic securities by foreigners were $1,359.4 billion in August, exceeding gross sales of domestic securities by foreigners of $1,299.1 billion during the same month.

Foreign purchases of domestic securities reached $60.2 billion on a net basis in August, relative to $79.2 billion during the previous month. Private net flows reached $37.4 billion in August. Net private purchases of Treasury Bonds and Notes fell to minus $4.4 billion from $18.3 billion the preceding month. Net private purchases of Government Agency Bonds were $18.6 billion, up from $17.7 billion the previous month. Net private purchases of Corporate Bonds were $25.4 billion, slightly lower than $27.1 billion the previous month. Net private purchases of Equities declined to minus $2.1 billion from $9.7 billion.

Official net purchases of U.S. securities were $22.8 billion in August, relative to $6.4 billion in July. Official net purchases of Treasury Bonds and Notes of $19.1 billion accounted for the bulk of official inflows in August, up from $4.1 billion the previous month.

Long-Term Foreign Securities

Gross purchases of foreign securities owned by U.S. residents were $255.7 billion in August, relative to gross sales of foreign securities to U.S. residents of $256.9 billion during the same month.

Gross sales of foreign securities to U.S. residents exceeded purchases by $1.3 billion, highlighting net U.S. sales of $1.3 billion in Foreign Equities and net acquisitions of $2.6 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 $59.0 billion in August compared with $63.1 billion in July. Net foreign purchases of long-term securities were $775.5 billion in the 12-months through August 2004 as compared to $700.0 billion during the twelve months through August 2003.

The full August 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, http://www.treas.gov/tic/.

Foreigners’ Transactions in Long-Term Securities with U.S. Residents (Billions of dollars, not seasonally adjusted)