Treasury International Capital (TIC) Data

Data Credit/Debt

Source: US Department of the Treasury
Source Link: https://home.treasury.gov/
Frequency: Monthly
Next Release(s): March 18th, 2026 4:00 PM

Latest Updates

TIC data for December 2025 showed a net inflow driven by private buying of long-term U.S. securities.
- Total net TIC flows (long-term + short-term securities + banking flows) were +$44.9B in December, composed of +$32.7B in net private inflows and +$12.2B in net official inflows.
- Foreign residents' net purchases of long-term U.S. securities were +$62.9B, with private investors at +$55.7B and official institutions at +$7.2B.
- U.S. residents' net purchases of long-term foreign securities were +$34.9B.
- After adjustments, overall net foreign purchases of long-term securities were +$28.0B.
- Foreign holdings of U.S. Treasury bills rose +$9.7B, and foreign holdings of all dollar-denominated short-term U.S. securities and custody liabilities increased +$12.1B.
- Banks' own net dollar-denominated liabilities to foreign residents increased +$4.8B.
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TIC data showed a net capital inflow of $212.0 billion in November 2025, driven by very strong foreign buying of long-term U.S. securities.
- Total net TIC flows (long-term + short-term U.S. securities + banking flows) were +$212.0 billion in November, consisting of +$167.2 billion in net private inflows and +$44.9 billion in net official inflows.
- Foreign residents’ net purchases of long-term U.S. securities totaled +$221.8 billion, indicating substantial cross-border demand for longer-duration U.S. assets.
- Private foreign investors accounted for +$157.8 billion of long-term purchases, while foreign official institutions bought +$64.0 billion, showing both investor groups were net buyers.
- U.S. residents purchased +$1.6 billion of long-term foreign securities, implying a small outbound portfolio flow that only marginally offset inbound foreign demand.
- After adjustments (including estimated foreign acquisitions of U.S. stocks via stock swaps), overall net foreign purchases of long-term securities were estimated at +$220.2 billion.
- Foreign holdings of U.S. Treasury bills rose +$0.4 billion, indicating only a modest increase in official or private demand at the very short end.
- Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities fell -$6.5 billion, suggesting net reductions in short-term positions despite strong long-term inflows.
- Banks’ own net dollar-denominated liabilities to foreign residents declined -$1.7 billion, adding a small negative banking flow relative to the large long-term securities inflow.
Source
The TIC data showed a net capital outflow of $37.3 billion in October 2025, reflecting weaker overall foreign inflows despite continued long-term security purchases.
- Total net foreign acquisitions of long- and short-term U.S. securities plus banking flows totaled -$37.3 billion in October, with private outflows of -$18.1 billion and official outflows of -$19.2 billion, indicating broad-based net outflows across investor types.
- Foreign residents purchased $38.9 billion of long-term U.S. securities, showing continued interest in longer-duration assets despite the headline outflow.
- Private foreign investors accounted for $49.0 billion of long-term purchases, while foreign official institutions were net sellers of -$10.1 billion, highlighting a divergence between private and official flows.
- U.S. residents bought $21.4 billion of long-term foreign securities, contributing to net capital outflows via outbound portfolio investment.
- After adjustments, including estimated stock swap activity, net foreign purchases of long-term securities were $17.5 billion (vs $122.7 billion expected), substantially smaller than gross long-term inflows.
- Foreign holdings of U.S. Treasury bills increased by $21.8 billion, while holdings of all dollar-denominated short-term securities rose $21.5 billion, pointing to selective demand at the short end.
- Banks’ net dollar-denominated liabilities to foreign residents fell -$76.3 billion, a major offset that drove the overall net TIC outflow for the month.
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The TIC data showed another strong month for inflows, with net foreign acquisitions of long- and short-term U.S. securities plus banking flows totaling $187.1 billion in August and $190.1 billion in September, highlighting continued robust foreign demand for U.S. financial assets.
- Foreign purchases of long-term U.S. securities totaled $181.2 billion in August and $208.5 billion in September, reflecting solid demand across both months, though foreign official institutions were net sellers in each period.
- Private foreign investors bought $196.4 billion of long-term U.S. securities in August and $210.7 billion in September, while official institutions sold -$15.1 billion and -$2.2B, respectively, showing the divergence between private appetite and official repositioning.
- U.S. investors increased their holdings of long-term foreign securities by $47.0 billion in August and $28.7 billion in September, indicating continued outbound portfolio investment.
- After adjustments, overall net foreign purchases of long-term securities were estimated at $134.2 billion in August and $179.8 billion in September, underscoring strong foreign participation even after accounting for stock swaps.
- Foreign holdings of U.S. Treasury bills rose +$25.0 billion in August but fell -$22.0 billion in September, while broader short-term holdings increased +$12.1 billion in August and declined -$8.3 billion in September, pointing to mixed positioning in short-dated instruments.
- Banks’ net dollar liabilities to foreign residents increased +$40.8 billion in August and +$18.6 billion in September, contributing to the overall inflow in both months.
Source
The Treasury International Capital (TIC) data showed a modest net inflow of $2.1 billion in July 2025, as strong long-term portfolio demand was offset by large banking outflows.
- Foreign residents purchased $78.8 billion in long-term U.S. securities, including $72.4 billion from private investors and $6.4 billion from official institutions, reflecting continued portfolio appetite.
- After adjustments (such as stock swaps), overall net foreign purchases of long-term securities were estimated at $49.2 billion.
- U.S. residents bought $29.6 billion in long-term foreign securities, pointing to increased outbound portfolio flows.
- Foreign residents reduced their holdings of U.S. Treasury bills by -$2.0 billion, though total short-term U.S. securities and custody liabilities rose +$13.8 billion.
- Banks’ net dollar-denominated liabilities to foreign residents fell sharply by -$60.9 billion, largely offsetting the inflows from securities purchases.
- Net private inflows totaled +$22.6 billion, while net official outflows reached -$20.5 billion, underscoring the divergent behavior between private investors and official institutions.
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The Treasury International Capital data showed a net inflow of $77.8 billion in June 2025, reflecting solid foreign demand for U.S. securities despite mixed flows across categories.
- Foreign residents purchased $192.3 billion in long-term U.S. securities (including $154.6 billion from private investors and $37.7 billion from official institutions), pointing to broad participation in U.S. financial markets.
- After adjustments, overall net foreign purchases of long-term securities totaled $150.8 billion, highlighting continued portfolio investment inflows.
- U.S. residents bought $41.5 billion in long-term foreign securities, indicating increased outbound portfolio flows.
- Foreign holdings of U.S. Treasury bills rose $9.8 billion, while other short-term custody liabilities fell $12.4 billion, showing divergent trends within short-term instruments.
- Banks’ net dollar-denominated liabilities to foreign residents declined $60.6 billion, partially offsetting the broader inflow from securities purchases.
Source
The Treasury International Capital (TIC) data showed a net inflow of $311.1 billion in May 2025 from foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows.
- Foreign residents bought $318.5 billion in long-term U.S. securities, including $287.5 billion from private investors and $31.1 billion from official institutions.
- U.S. residents increased their holdings of long-term foreign securities with net purchases of $59.1 billion.
- After adjustments, estimated net foreign sales of long-term securities totaled -$259.4 billion.
- Foreign holdings of U.S. Treasury bills rose slightly by $0.5 billion, while other short-term custody liabilities rose $10.3 billion.
- U.S. banks’ net dollar liabilities to foreign residents increased by $41.4 billion.
Source
Treasury International Capital (TIC) Data: April 2025 2025-06-18 16:00
Foreign residents increased their holdings of long-term U.S. securities in February with net purchases of $161.8 billion, up from net purchases of $112.9 billion in February (revised down from $142.7 billion in the initial data release).
- Foreign residents increased their holdings of long-term U.S. securities in March; their net purchases were $183.2 billion. Net purchases by private foreign investors were $146.0 billion, while net purchases by foreign official institutions were $37.3 billion.
- U.S. residents increased their holdings of long-term foreign securities, with net purchases of $21.5 billion.
- Foreign residents increased their holdings of U.S. Treasury bills by $98.3 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $98.6 billion.
- The sum total in March of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $254.3 billion. Of this, net foreign private inflows were $259.2 billion, and net foreign official outflows were $4.9 billion.
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Foreign residents increased their holdings of long-term U.S. securities in February with net purchases of $142.7 billion, up from net purchases of -$1.6 billion in January.
- Net purchases by private foreign investors were $166.1 billion, while net sales by foreign official institutions were $23.4 billion.
- Total private net sales of Treasuries was $125.8 billion, and total official net sales of Treasuries was -$19.6 billion.
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