TREASURY INTERNATIONAL CAPITAL (TIC) REPORT

Treasury International Capital (TIC) Data for September Treasury International Capital (TIC) data for September 2008 are released today and posted on the U.S. Treasury website (www.treas.gov/tic). The next release, which will report on data for October, is scheduled for December 15, 2008. Net foreign purchases of long-term securities were $66.2 billion. Net foreign purchases of long-term U.S. securities were $30.9 billion. Of this, net purchases by private foreign investors were $35.7 billion, and net purchases by foreign official institutions were negative $4.8 billion. U.S. residents sold a net $35.4 billion of long-term foreign securities. Net foreign acquisition of long-term securities, taking into account adjustments, is estimated to have been $52.7 billion. Foreign holdings of dollar-denominated short-term U.S. securities, including Treasury bills, and other custody liabilities increased $11.6 billion. Foreign holdings of Treasury bills increased $89.9 billion. Banks' own net dollar-denominated liabilities to foreign residents increased $79.1 billion. Monthly net TIC flows were $143.4 billion. Of this, net foreign private flows were $126.9 billion, and net foreign official flows were $16.4 billion.