FROM THE OFFICE OF PUBLIC AFFAIRS

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May 16, 2005
JS-2443

Treasury International Capital Data for March

Treasury International Capital (TIC) data for March 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 April, is scheduled for June 15, 2005.

Long-Term Domestic Securities

Gross purchases of domestic securities by foreigners were $1,531.0 billion in March, exceeding gross sales of domestic securities by foreigners of $1,470.9 billion during the same month.

Foreign purchases of domestic securities reached $60.1 billion on a net basis in March, relative to $98.1 billion during the previous month. Private net flows reached $74.5 billion in March. Net private purchases of Treasury Bonds and Notes increased to $42.9 billion from $31.2 billion the preceding month. Net private purchases of Government Agency Bonds were $6.5 billion, down from $10.9 billion the previous month. Net private purchases of Corporate Bonds were $23.4 billion, down from $29.9 billion the previous month. Net private purchases of Equities declined to $1.7 billion from $7.4 billion.

Official net purchases of U.S. securities were minus $14.4 billion in March, relative to plus $18.7 billion in February. Official net purchases of Treasury Bonds and Notes of minus $15.0 billion accounted for the bulk of official outflows in March, down from a positive $11.3 billion inflow the previous month.

Long-Term Foreign Securities

Gross purchases of foreign securities owned by U.S. residents were $337.2 billion in March, relative to gross sales of foreign securities to U.S. residents of $351.6 billion during the same month.

Gross sales of foreign securities to U.S. residents exceeded purchases by $14.4 billion, highlighting a net U.S. acquisition of $14.4 billion in Foreign Equities and insignificant net U.S. purchases of Foreign Bonds.

Net Long-Term Securities Flows

Net foreign purchases of both domestic and foreign long-term securities from U.S. residents were $45.7 billion in March compared with $84.1 billion in February. Net foreign purchases of long-term securities were $800.4 billion in the twelve months through March 2005 as compared to $764.5 billion during the twelve months through March 2004.

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, http://www.treas.gov/tic/.

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

Foreigners' Transactions in Long-Term Securities with U.S. Residents
(Billions of dollars, not seasonally adjusted)
                  12 Months Through          
          2003 2004     Mar-04 Mar-05     Dec-04 Jan-05 Feb-05 Mar-05
         
1 Gross Purchases of Domestic Securities 14,383.6 15,270.2   15,009.7 15,772.6   1,318.5 1,305.3 1,376.4 1,531.0
2 Gross Sales of Domestic Securities 13,644.9 14,366.2   14,177.9 14,845.9   1,235.1 1,213.5 1,278.4 1,470.9
3 Domestic Securities Purchased, net (line 1 less line 2) /1 738.8 904.0   831.8 926.7   83.5 91.8 98.1 60.1
       
4 Private, net /2 595.7 669.9   618.0 764.0   73.2 77.2 79.4 74.5
5 Treasury Bonds & Notes, net 163.2 150.9   191.5 203.0   1.4 23.1 31.2 42.9
6 Gov't Agency Bonds, net 135.1 206.1   132.2 208.2   25.6 19.9 10.9 6.5
7 Corporate Bonds, net 261.5 286.5   253.5 303.0   39.2 17.3 29.9 23.4
8 Equities, net 35.9 26.4   40.7 49.8   7.0 17.0 7.4 1.7
         
9 Official, net 143.1 234.2   213.8 162.7   10.3 14.5 18.7 -14.4
10 Treasury Bonds & Notes, net 113.5 201.1   183.0 126.8   7.0 7.6 11.3 -15.0
11 Gov't Agency Bonds, net 24.3 20.3   25.3 22.1   1.0 6.1 5.2 1.0
12 Corporate Bonds, net 5.6 11.4   6.3 12.4   1.6 1.3 2.1 -0.4
13 Equities, net -0.3 1.4   -0.8 1.4   0.6 -0.6 0.1 0.0
       
14 Gross Purchases of Foreign Securities 2,893.8 3,119.8   3,134.1 3,116.9   262.2 250.7 281.2 337.2
15 Gross Sales of Foreign Securities 2,959.7 3,228.6   3,201.4 3,243.2   282.7 250.1 295.2 351.6
16 Foreign Securities Purchased, net (line 14 less line 15) /3 -65.9 -108.9   -67.3 -126.3   -20.5 0.6 -14.0 -14.4
       
17 Foreign Bonds Purchased, net 18.9 -25.5   15.3 -21.7   -6.4 5.6 1.4 0.0
18 Foreign Equities Purchased, net -84.8 -83.4   -82.6 -104.5   -14.1 -5.0 -15.3 -14.4
       
19   Net Long-Term Flows (line 3 plus line 16) 672.9 795.2     764.5 800.4     63.0 92.4 84.1 45.7
 
/1  Net foreign purchases of U.S. securities (+)
/2  Includes International and Regional Organizations
/3 Net U.S. acquisitions of foreign securities (-)
Source:   U.S. Department of the Treasury

 

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