DEPARTMENT OF THE TREASURY

OFFICE OF PUBLIC AFFAIRS 

October 18, 2004 

EMBARGOED UNTIL 9:00 AM 

Contact Tony Fratto at 202-622-2910. 

TREASURY INTERNATIONAL CAPITAL DATA FOR AUGUST 

Treasury International Capital (TIC) data for August 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 

September, is scheduled for November 16, 2004. 

Long-Term Domestic Securities

Gross purchases of domestic securities by foreigners were $1,359.4 billion in August, exceeding 

gross sales of domestic securities by foreigners of $1,299.1 billion during the same month. 

Foreign purchases of domestic securities reached $60.2 billion on a net basis in August, relative 

to $79.2 billion during the previous month. Private net flows reached $37.4 billion in August. 

Net private purchases of Treasury Bonds and Notes fell to minus $4.4 billion from $18.3 billion 

the preceding month. Net private purchases of Government Agency Bonds were $18.6 billion, 

up from $17.7 billion the previous month. Net private purchases of Corporate Bonds were $25.4 

billion, slightly lower than $27.1 billion the previous month. Net private purchases of Equities 

declined to minus $2.1 billion from $9.7 billion. 

Official net purchases of U.S. securities were $22.8 billion in August, relative to $6.4 billion in 

July. Official net purchases of Treasury Bonds and Notes of $19.1 billion accounted for the bulk 

of official inflows in August, up from $4.1 billion the previous month. 

Long-Term Foreign Securities

Gross purchases of foreign securities owned by U.S. residents were $255.7 billion in August, 

relative to gross sales of foreign securities to U.S. residents of $256.9 billion during the same 

month. 
2

Gross sales of foreign securities to U.S. residents exceeded purchases by $1.3 billion, 

highlighting net U.S. sales of $1.3 billion in Foreign Equities and net acquisitions of $2.6 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 $59.0 billion in August compared with $63.1 billion in July. Net foreign purchases of longterm securities were $775.5 billion in the 12-months through August 2004 as compared to $700.0 

billion during the twelve months through August 2003. 

The full August 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

2002 2003 Aug-03 Aug-04 May-04 Jun-04 Jul-04 Aug-04

1 Gross Purchases of Domestic Securities 13,022.9 14,922.1 14,361.4 16,223.7 1,436.9 1,338.7 1,309.2 1,359.4

2 Gross Sales of Domestic Securities 12,475.4 14,175.0 13,641.9 15,368.8 1,380.4 1,253.5 1,230.0 1,299.1

3 Domestic Securities Purchased, net (line 1 less line 2) /1 547.6 747.1 719.5 854.9 56.5 85.2 79.2 60.2

4 Private, net /2 508.3 607.7 627.0 604.5 42.6 66.9 72.9 37.4

5 Treasury Bonds & Notes, net 112.8 168.8 188.6 156.6 9.0 23.0 18.3 -4.4

6 Gov't Agency Bonds, net 166.6 136.1 183.4 166.8 22.1 15.2 17.7 18.6

7 Corporate Bonds, net 176.7 264.7 225.1 264.1 19.3 26.5 27.1 25.4

8 Equities, net 52.2 38.1 30.0 17.0 -7.8 2.2 9.7 -2.1

9 Official, net 39.3 139.4 92.5 250.4 13.9 18.3 6.4 22.8

10 Treasury Bonds & Notes, net 7.1 109.3 66.5 211.9 14.4 17.5 4.1 19.1

11 Gov't Agency Bonds, net 28.6 24.9 21.7 31.0 -1.2 0.6 1.4 2.6

12 Corporate Bonds, net 5.6 5.5 4.2 8.3 0.5 0.7 0.8 1.1

13 Equities, net -2.0 -0.4 0.0 -0.7 0.2 -0.5 0.1 0.1

14 Gross Purchases of Foreign Securities 2,640.0 3,037.8 2,799.1 3,564.5 294.4 291.7 287.0 255.7

15 Gross Sales of Foreign Securities 2,613.0 3,086.4 2,818.6 3,643.9 285.9 303.9 303.1 256.9

16 Foreign Securities Purchased, net (line 14 less line 15) /3 27.0 -48.7 -19.4 -79.5 8.5 -12.2 -16.2 -1.3

17 Foreign Bonds Purchased, net 28.5 22.3 37.9 -6.2 15.3 -7.0 -7.3 -2.6

18 Foreign Equities Purchased, net -1.5 -71.0 -57.3 -73.3 -6.8 -5.2 -8.9 1.3

19 Net Long-Term Flows (line 3 plus line 16) 574.6 698.4 700.0 775.5 65.0 73.0 63.1 59.0

/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