U.S. TREASURY DEPARTMENT OFFICE OF PUBLIC AFFAIRS

EMBARGOED UNTIL 9 a.m. (EST), December 15, 2006

CONTACT Brookly McLaughlin (202) 622-2920 

TREASURY INTERNATIONAL CAPITAL DATA FOR OCTOBER 

WASHINGTON, D.C.– Treasury International Capital (TIC) data for October are released today and 

posted on the U.S. Treasury web site (www.treas.gov/tic). The next release, which will report on data 

for November, is scheduled for January 17, 2007. 

Net foreign purchases of long-term securities were $82.3 billion. 

• Net foreign purchases of long-term U.S. securities were $102.0 billion. Of this, net purchases by 

foreign official institutions were $25.3 billion, and net purchases by private foreign investors 

were $76.7 billion. 

• U.S. residents purchased a net $19.7 billion in long-term foreign securities. 

Net foreign acquisition of long-term securities is estimated to have been $73.5 billion. 

Foreign holdings of dollar-denominated short-term U.S. securities, including Treasury bills, and other 

custody liabilities increased $3.1 billion. Foreign holdings of Treasury bills increased $4.2 billion. 

Banks’ own net dollar-denominated liabilities to foreign residents decreased $14.4 billion. 

Monthly net TIC flows were $62.2 billion. Of this, net foreign private flows were positive $69.1 billion, 

and net foreign official flows were negative $6.9 billion. 
-30- 

12 Months Through

2004 2005 Oct-05 Oct-06 Jul-06 Aug-06 Sep-06 Oct-06

Foreigners' Acquisitions of Long-term Securities

1 Gross Purchases of Domestic U.S. Securities 15178.9 17177.4 17192.2 18780.2 1448.3 1634.5 1632.6 1754.4

2 Gross Sales of Domestic U.S. Securities 14262.4 16166.8 16178.2 17720.9 1392.3 1516.5 1540.1 1652.4

3 Domestic Securities Purchased, net (line 1 less line 2) /1 916.5 1010.6 1014.0 1059.3 56.0 118.0 92.6 102.0

4 Private, net /2 680.9 890.5 876.6 884.1 33.3 88.4 75.8 76.7

5 Treasury Bonds & Notes, net 150.9 270.1 224.9 146.5 -0.2 27.9 -7.9 7.8

6 Gov't Agency Bonds, net 205.7 187.8 221.2 188.4 6.7 21.7 17.7 9.9

7 Corporate Bonds, net 298.0 353.2 346.9 435.0 18.0 34.7 56.8 37.5

8 Equities, net 26.2 79.4 83.6 114.2 8.8 4.2 9.2 21.4

9 Official, net /3 235.6 120.1 137.4 175.2 22.7 29.6 16.7 25.3

10 Treasury Bonds & Notes, net 201.1 68.5 85.9 66.3 8.2 16.9 7.7 18.5

11 Gov't Agency Bonds, net 20.8 31.6 30.1 74.6 11.8 9.8 7.9 5.3

12 Corporate Bonds, net 11.5 19.0 18.3 25.8 1.0 2.7 1.8 2.0

13 Equities, net 2.2 1.0 3.0 8.5 1.6 0.2 -0.7 -0.4

14 Gross Purchases of Foreign Securities from U.S. Residents 3123.1 3700.0 3543.8 4996.3 365.4 406.4 406.0 483.6

15 Gross Sales of Foreign Securities to U.S. Residents 3276.0 3872.4 3710.6 5195.7 387.6 410.4 428.4 503.3

16 Foreign Securities Purchased, net (line 14 less line 15) /4 -152.8 -172.4 -166.8 -199.3 -22.2 -4.0 -22.4 -19.7

17 Foreign Bonds Purchased, net -67.9 -45.1 -51.4 -100.1 -18.9 -9.9 -13.6 -7.8

18 Foreign Equities Purchased, net -85.0 -127.3 -115.3 -99.2 -3.4 5.8 -8.8 -11.9

19 Net Long-Term Securities Transactions (line 3 plus line 16): 763.6 838.2 847.2 859.9 33.8 114.0 70.2 82.3

20 Other Acquisitions of Long-term Securities, net /5 -38.8 -140.0 -84.5 -141.0 -14.5 -11.1 -11.9 -8.8

21 Net Foreign Acquisition of Long-Term Securities

(lines 19 and 20): 724.8 698.2 762.7 718.9 19.3 102.8 58.3 73.5

22 Increase in Foreign Holdings of Dollar-denominated Short-term

U.S. Securities and Other Custody Liabilities: /6 190.1 -47.2 -59.1 102.3 29.7 4.5 -11.5 3.1

23 U.S. Treasury Bills 60.0 -58.9 -64.7 -13.3 6.3 1.9 -14.4 4.2

24 Private, net 26.8 -15.6 -4.1 8.0 5.1 -1.7 -3.9 5.1

25 Official, net 33.2 -43.3 -60.6 -21.3 1.2 3.6 -10.6 -0.9

26 Other Negotiable Instruments 

and Selected Other Liabilities: /7 130.1 11.7 5.6 115.6 23.4 2.5 3.0 -1.0

27 Private, net 77.4 10.9 8.9 128.3 25.4 10.3 4.7 9.8

28 Official, net 52.8 0.8 -3.3 -12.7 -2.0 -7.8 -1.7 -10.8

29 Change in Banks' Own Net Dollar-Denominated Liabilities 63.9 16.4 68.6 22.0 7.0 -14.7 11.0 -14.4

30 Monthly Net TIC Flows (lines 21,22,29) /8 978.9 667.4 772.2 843.3 56.0 92.6 57.8 62.2

of which

31 Private, net 637.2 580.4 675.4 730.2 28.7 81.1 45.9 69.1

32 Official, net 341.6 86.9 96.8 113.0 27.3 11.6 11.9 -6.9

/1 Net foreign purchases of U.S. securities (+)

/2 Includes international and regional organizations

/3 The reported division of net purchases of long-term securities between net purchases by foreign official institutions and net purchases 

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 Net transactions in foreign securities by U.S. residents. Foreign purchases of foreign securities = U.S. sales of foreign securities to foreigners.

Thus negative entries indicate net U.S. purchases of foreign securities, or an outflow of capital from the United States; positive entries

indicate net U.S. sales of foreign securities.

/5 Minus estimated unrecorded principal repayments to foreigners on domestic corporate and agency asset-backed securities +

estimated foreign acquisitions of U.S. equity through stock swaps -

estimated U.S. acquisitions of foreign equity through stock swaps +

increase in nonmarketable Treasury Bonds and Notes Issued to Official Institutions and Other Residents of Foreign Countries.

/6 These are primarily data on monthly changes in banks' and broker/dealers' custody liabilities. Data on custody claims are collected 

quarterly and published in the Treasury Bulletin and the TIC web site.

/7 "Selected Other Liabilities" are primarily the foreign liabilities of U.S. customers that are managed by U.S. banks or broker/dealers.

/8 TIC data cover most components of international financial flows, but do not include data on direct investment flows, which are collected 

and published by the Department of Commerce's Bureau of Economic Analysis. In addition to the monthly data summarized here, the

TIC collects quarterly data on some banking and nonbanking assets and liabilities. Frequently Asked Question 1 on the TIC web 

site describes the scope of TIC data collection.

TIC Monthly Reports on Cross-Border Financial Flows

(Billions of dollars, not seasonally adjusted)