TIC REPORT IS NET NEGATIVE BY 66.6 BILLION

Treasury International Capital (TIC) Data for May
WASHINGTON – The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2009. The next release, which will report on data for June 2009, is scheduled for August 17, 2009.
Net foreign purchases of long-term securities were negative $19.8 billion.
Net foreign purchases of long-term U.S. securities were $7.9 billion. Of this, net purchases by private foreign investors were $31.3 billion, and net purchases by foreign official institutions were negative $23.4 billion.
U.S. residents purchased a net $27.7 billion of long-term foreign securities.
Net foreign acquisition of long-term securities, taking into account adjustments, is estimated to have been negative $37.2 billion.
Foreign holdings of dollar-denominated short-term U.S. securities, including Treasury bills, and other custody liabilities increased $9.8 billion. Foreign holdings of Treasury bills increased $53.1 billion.
Banks’ own net dollar-denominated liabilities to foreign residents decreased $39.2 billion.
Monthly net TIC flows were negative $66.6 billion. Of this, net foreign private flows were negative $82.2 billion, and net foreign official flows were $15.6 billion.
Complete data are available on the Treasury website at www.treas.gov/tic.