The U.S. Department of the Treasury has released the Treasury International Capital (TIC) data for April 2025. The subsequent report, covering May 2025, is set to be published on July 17, 2025.
In April, there was a net TIC outflow totaling $14.2 billion from all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows. Within this figure, net foreign private inflows amounted to $3.1 billion, while net foreign official outflows reached $17.3 billion.
Foreign residents reduced their holdings of long-term U.S. securities in April with net sales of $50.6 billion. Private foreign investors sold $20.5 billion in net terms, whereas foreign official institutions accounted for $30.1 billion in net sales.
U.S. residents also decreased their holdings of long-term foreign securities by selling a net total of $42.8 billion.
Taking into account adjustments such as estimated foreign portfolio acquisitions through stock swaps, the overall net foreign sales of long-term securities were approximately $7.8 billion in April.
Foreign residents decreased their holdings of U.S. Treasury bills by $12 billion but increased their holdings of all dollar-denominated short-term U.S. securities and other custody liabilities by $7.7 billion.
Banks saw a decrease in their own net dollar-denominated liabilities to foreign residents amounting to $14.1 billion.
Complete data can be accessed on the Treasury's website.
The TIC data provide insights into foreign ownership of U.S securities using custodial data but are not completely accurate in attributing these holdings due to various factors such as custodial accounts held in third countries or assets managed by private portfolio managers for residents elsewhere.
