Accessible Version
Estimating U.S. Cross-Border Securities Flows: Ten Years of the TIC SLT, Accessible Data
Figure 1: Net Foreign Purchases of U.S. Treasury Bonds 2012 to 2020
Left Panel: Official, Annual
Billions of dollars
| Year | TIC S | TIC SLT |
|---|---|---|
| 2012 | 210 | 415 |
| 2013 | -8 | 124 |
| 2014 | 45 | 66 |
| 2015 | -231 | 8 |
| 2016 | -332 | -220 |
| 2017 | -149 | 200 |
| 2018 | -179 | -27 |
| 2019 | -331 | 39 |
| 2020 | -167 | -122 |
Middle Panel: Private, Annual
Billions of dollars
| Year | TIC S | TIC SLT |
|---|---|---|
| 2012 | 207 | 162 |
| 2013 | 49 | 234 |
| 2014 | 120 | 220 |
| 2015 | 211 | -17 |
| 2016 | 6 | 163 |
| 2017 | 169 | 66 |
| 2018 | 184 | 97 |
| 2019 | 198 | 219 |
| 2020 | -373 | -242 |
Right Panel: 2012 to 2020
Billions of dollars
| Type of holder | TIC S | TIC SLT |
|---|---|---|
| FOI | -1142 | 483 |
| Private | 771 | 903 |
| Total | -372 | 1,386 |
Legend entries appear in graph in order from left to right.
Figure 2: Net Foreign Purchases of U.S. Agency Bonds 2012 to 2020
Billions of dollars
| Year | TIC S (unadjusted) | TIC S* | TIC SLT |
|---|---|---|---|
| 2012 | 133 | -69 | -75 |
| 2013 | 71 | -93 | -87 |
| 2014 | 75 | -32 | -24 |
| 2015 | 157 | 6 | 28 |
| 2016 | 266 | 88 | 96 |
| 2017 | 135 | -13 | 27 |
| 2018 | 230 | 96 | 103 |
| 2019 | 300 | 90 | 46 |
| 2020 | 467 | 55 | -33 |
Note: *TIC S transactions adjusted for repayments. Legend entries appear in graph in order from left to right.
Figure 3: Net U.S. Purchases of Foreign Bonds 2012-2020
Billions of dollars
| Year | TIC S | TIC SLT |
|---|---|---|
| 2012 | -20 | 91 |
| 2013 | 47 | 170 |
| 2014 | -129 | 149 |
| 2015 | -276 | -29 |
| 2016 | -259 | 60 |
| 2017 | -233 | 265 |
| 2018 | -325 | 210 |
| 2019 | -156 | 71 |
| 2020 | -253 | 38 |
Note: Legend entries appear in graph in order from left to right.
Figure 4: Net U.S. Purchases of EME Bonds, 2013 (Taper Tantrum)
Left Panel: Monthly
Billions of dollars
| Date | TIC S | TIC SLT |
|---|---|---|
| Jan 2013 | 1 | 7 |
| Feb 2013 | -3 | 10 |
| Mar 2013 | 1 | -1 |
| Apr 2013 | -4 | 6 |
| May 2013 | -7 | 6 |
| Jun 2013 | -4 | -13 |
| Jul 2013 | -7 | 2 |
| Aug 2013 | -6 | 0 |
| Sep 2013 | 3 | 6 |
| Oct 2013 | 7 | 10 |
| Nov 2013 | -4 | -1 |
| Dec 2013 | -3 | -3 |
Right Panel: Full year
Billions of dollars
| Date | TIC S | TIC SLT |
|---|---|---|
| 2013 | -26 | 27 |
Note: Legend entries appear in graph in order from left to right.
Figure 5: Net U.S. Purchases of EME Bonds, 2020 (COVID Shock)
Left Panel: Monthly
Billions of dollars
| Date | TIC S | TIC SLT |
|---|---|---|
| Jan 2020 | 2 | 19 |
| Feb 2020 | -4 | 4 |
| Mar 2020 | -41 | -37 |
| Apr 2020 | -7 | 35 |
| May 2020 | -2 | -6 |
| Jun 2020 | -2 | -7 |
| Jul 2020 | -1 | -1 |
| Aug 2020 | -1 | -2 |
| Sep 2020 | -7 | 7 |
| Oct 2020 | -5 | 7 |
| Nov 2020 | -6 | 9 |
| Dec 2020 | -6 | -13 |
Right Panel: Full year
Billions of dollars
| Date | TIC S | TIC SLT |
|---|---|---|
| 2020 | -82 | 13 |
Note: Legend entries appear in graph in order from left to right.
Figure 6: Net Foreign Purchases of U.S. Treasury Bonds, 2020-2021 (COVID Shock)
Left Panel: Monthly
Billions of dollars
| Date | TIC S | TIC SLT |
|---|---|---|
| Jan 2020 | 27 | 96 |
| Feb 2020 | 3 | 49 |
| Mar 2020 | -311 | -409 |
| Apr 2020 | -188 | -217 |
| May 2020 | -37 | 13 |
| Jun 2020 | 29 | -7 |
| Jul 2020 | -23 | 13 |
| Aug 2020 | -33 | 30 |
| Sep 2020 | 23 | 20 |
| Oct 2020 | -20 | 54 |
| Nov 2020 | 10 | -38 |
| Dec 2020 | -21 | 31 |
Right Panel: Full year
Billions of dollars
| Date | TIC S | TIC SLT |
|---|---|---|
| 2020:H1 | -476 | -475 |
| 2020:H2 | -64 | 111 |
| 2021:H1 | -29 | 378 |
Note: Legend entries appear in graph in order from left to right.