DEPARTMENT OF THE TREASURY

OFFICE OF PUBLIC AFFAIRS 

April 15, 2005 Contact: Tony Fratto 

EMBARGOED UNTIL 9:00 AM 202-622-2910 

Treasury International Capital Data for February 

Treasury International Capital (TIC) data for February 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 

March, is scheduled for May 16, 2005. 

Long-Term Domestic Securities

Gross purchases of domestic securities by foreigners were $1,376.3 billion in February, 

exceeding gross sales of domestic securities by foreigners of $1,278.0 billion during the same

month. 

Foreign purchases of domestic securities reached $98.3 billion on a net basis in February, 

relative to $91.8 billion during the previous month. Private net flows reached $79.7 billion in 

February. Net private purchases of Treasury Bonds and Notes increased to $31.2 billion from

$23.1 billion the preceding month. Net private purchases of Government Agency Bonds were 

$11.0 billion, down from $19.9 billion the previous month. Net private purchases of Corporate 

Bonds were $30.0 billion, up from $17.3 billion the previous month. Net private purchases of 

Equities were $7.4 billion down from $17.1 billion. 

Official net purchases of U.S. securities were $18.6 billion in February, relative to $14.4 billion 

in January. Official net purchases of Treasury Bonds and Notes of $11.3 billion accounted for 

the bulk of official inflows in February, up from $7.6 billion the previous month. 

Long-Term Foreign Securities

Gross purchases of foreign securities owned by U.S. residents were $281.1 billion in February, 

relative to gross sales of foreign securities to U.S. residents of $294.9 billion during the same

month. 
Gross sales of foreign securities to U.S. residents exceeded purchases by $13.8 billion, 

highlighting a net U.S. acquisition of $15.3 billion in Foreign Equities and net U.S. sales of $1.5 

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 $84.5 billion in February compared with $92.5 billion in January. Net foreign purchases of

long-term securities were $830.6 billion in the twelve months through February 2005 as 

compared to $759.3 billion during the twelve months through February 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) 

12 Months Through

2003 2004 Feb-04 Feb-05 Nov-04 Dec-04 Jan-05 Feb-05

1 Gross Purchases of Domestic Securities 14,383.6 15,269.8 14,805.7 15,642.3 1,409.9 1,318.1 1,305.3 1,376.3

2 Gross Sales of Domestic Securities 13,644.9 14,365.8 13,970.7 14,708.8 1,308.9 1,234.7 1,213.5 1,278.0

3 Domestic Securities Purchased, net (line 1 less line 2) /1 738.8 904.0 835.0 933.5 101.0 83.5 91.8 98.3

4 Private, net /2 595.7 669.9 657.5 718.9 73.1 73.2 77.5 79.7

5 Treasury Bonds & Notes, net 163.2 150.9 197.7 177.7 12.7 1.4 23.1 31.2

6 Gov't Agency Bonds, net 135.1 206.1 151.1 198.4 24.3 25.6 19.9 11.0

7 Corporate Bonds, net 261.5 286.5 254.5 305.1 23.6 39.2 17.3 30.0

8 Equities, net 35.9 26.4 54.1 37.7 12.5 7.0 17.1 7.4

9 Official, net 143.1 234.1 177.6 214.5 27.9 10.2 14.4 18.6

10 Treasury Bonds & Notes, net 113.5 201.1 151.1 175.4 21.0 7.0 7.6 11.3

11 Gov't Agency Bonds, net 24.3 20.3 21.8 23.8 3.5 1.0 6.1 5.2

12 Corporate Bonds, net 5.6 11.4 5.5 14.1 1.9 1.6 1.3 2.1

13 Equities, net -0.3 1.4 -0.8 1.2 1.5 0.6 -0.7 0.0

14 Gross Purchases of Foreign Securities 2,893.8 3,119.1 3,039.1 3,108.5 272.2 261.5 250.6 281.1

15 Gross Sales of Foreign Securities 2,959.7 3,228.6 3,114.8 3,211.4 277.9 282.6 249.9 294.9

16 Foreign Securities Purchased, net (line 14 less line 15) /3 -65.9 -109.5 -75.8 -102.9 -5.7 -21.1 0.7 -13.8

17 Foreign Bonds Purchased, net 18.9 -26.1 14.0 -15.1 2.0 -7.0 5.8 1.5

18 Foreign Equities Purchased, net -84.8 -83.4 -89.8 -87.8 -7.7 -14.0 -5.1 -15.3

19 Net Long-Term Flows (line 3 plus line 16) 672.9 794.6 759.3 830.6 95.3 62.4 92.5 84.5

/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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