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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 |
2008 |
Mar-08 |
Mar-09 |
Dec-08 |
Jan-09 |
Feb-09 |
Mar-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 |
29730.6 |
30673.4 |
32241.8 |
26078.1 |
1480.2 |
1326.0 |
1446.7 |
1743.7 |
2 |
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Gross Sales of Domestic U.S. Securities |
28724.8 |
30260.9 |
31332.6 |
25814.7 |
1457.9 |
1337.7 |
1425.9 |
1687.3 |
3 |
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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 |
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4 |
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Private, net /2 |
818.1 |
309.1 |
658.9 |
255.1 |
25.2 |
-3.1 |
25.9 |
30.0 |
5 |
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Treasury Bonds & Notes, net |
195.0 |
239.4 |
168.2 |
262.4 |
11.1 |
12.7 |
23.5 |
26.3 |
6 |
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Gov't Agency Bonds, net |
99.9 |
-6.2 |
127.9 |
-71.3 |
-24.6 |
-7.6 |
4.6 |
-13.1 |
7 |
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Corporate Bonds, net |
342.8 |
58.5 |
213.7 |
51.9 |
37.4 |
-8.6 |
3.1 |
4.5 |
8 |
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Equities, net |
180.4 |
17.4 |
149.0 |
12.2 |
1.2 |
0.4 |
-5.3 |
12.4 |
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9 |
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Official, net /3 |
187.7 |
103.4 |
250.3 |
8.2 |
-2.8 |
-8.5 |
-5.1 |
26.4 |
10 |
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Treasury Bonds & Notes, net |
3.0 |
76.6 |
64.8 |
41.2 |
3.9 |
-1.9 |
-2.0 |
29.0 |
11 |
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Gov't Agency Bonds, net |
119.1 |
-31.5 |
99.8 |
-61.9 |
-12.9 |
-7.9 |
-3.5 |
-2.5 |
12 |
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Corporate Bonds, net |
50.6 |
34.9 |
52.2 |
22.2 |
3.5 |
0.3 |
0.2 |
-0.9 |
13 |
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Equities, net |
15.1 |
23.4 |
33.5 |
6.7 |
2.6 |
1.0 |
0.1 |
0.7 |
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14 |
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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 |
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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 |
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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 |
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17 |
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Foreign Bonds Purchased, net |
-133.9 |
81.8 |
-112.0 |
68.6 |
12.2 |
-27.9 |
-0.5 |
-0.3 |
18 |
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Foreign Equities Purchased, net |
-95.3 |
20.1 |
-81.8 |
47.7 |
0.1 |
2.8 |
1.7 |
-0.3 |
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19 |
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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 |
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20 |
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Other Acquisitions of Long-term Securities, net /5 |
-234.6 |
-194.4 |
-233.4 |
-191.0 |
-10.1 |
-17.3 |
-16.7 |
-18.9 |
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21 |
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Net Foreign Acquisition of Long-Term Securities |
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(lines 19 and 20) : |
542.0 |
319.9 |
482.0 |
188.7 |
24.5 |
-54.1 |
5.4 |
36.9 |
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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 |
198.0 |
240.5 |
191.2 |
284.7 |
1.8 |
30.9 |
43.1 |
26.7 |
23 |
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U.S. Treasury Bills |
49.7 |
456.0 |
78.1 |
502.1 |
25.3 |
-15.4 |
68.3 |
47.9 |
24 |
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Private, net |
28.1 |
196.5 |
71.5 |
161.3 |
-5.4 |
-44.4 |
34.0 |
26.3 |
25 |
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Official, net |
21.5 |
259.5 |
6.6 |
340.8 |
30.7 |
29.0 |
34.3 |
21.5 |
26 |
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Other Negotiable Instruments |
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and Selected Other Liabilities: /7 |
148.4 |
-215.5 |
113.1 |
-217.4 |
-23.5 |
46.3 |
-25.1 |
-21.1 |
27 |
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Private, net |
72.2 |
-96.1 |
45.2 |
-89.2 |
-5.5 |
41.3 |
-14.2 |
-12.4 |
28 |
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Official, net |
76.2 |
-119.4 |
68.0 |
-128.2 |
-18.1 |
5.0 |
-10.9 |
-8.8 |
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29 |
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Change in Banks' Own Net Dollar-Denominated Liabilities |
-122.9 |
53.5 |
-283.0 |
-63.9 |
42.9 |
-120.3 |
-139.6 |
-40.5 |
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30 |
Monthly Net TIC Flows (lines 21,22,29) /8 |
617.2 |
613.9 |
390.1 |
409.5 |
69.1 |
-143.5 |
-91.1 |
23.2 |
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of which |
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31 |
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Private, net |
334.1 |
454.3 |
119.9 |
294.5 |
65.0 |
-151.7 |
-98.8 |
9.8 |
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Official, net |
283.1 |
159.6 |
270.2 |
115.0 |
4.1 |
8.2 |
7.7 |
13.5 |
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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. |
/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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