US Net long Term TIC flows increase in September
18 Nov, 2008 @ 09:13 am ET | written by FXStreet
FXstreet.com (Barcelona) - Net foreign purchase of long term securities have increased in September to $66.2 billions from revised $ 21.0 billion in August, according to figures by the US Treasury Department.
Net foreign purchases of US securities have totalled $30.9 billion in September, from which $35.7 billion were purchased by private foreign investors, and $-4.8 billion by foreign official institutions.
US residents sold a net $35.4 billion worth of long term foreign securities.
Monthly TIC net flows were $ 143.4 billion in September, from which $126.9 billion were net foreign private flows, and $16.4 billion were net foreign official flows.
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