US Treasury International Capital Flows: January 2025 Data
Washington D.C. – New data from the U.S. Treasury Department provides insights into international capital flows for January 2025. The Treasury International Capital (TIC) data, presented in billions of U.S. dollars and not seasonally adjusted, details monthly net flows and foreign holdings of long-term securities, including U.S. Treasuries.
Monthly Net TIC Flows Overview
Key figures for monthly net TIC flows are as follows:
- January 2025: -$48.8 billion
- December 2024: $103.2 billion
- November 2024: $134.7 billion
TIC Flows by Category
A breakdown of TIC flows by private and official sectors reveals:
- Private Sector:
- January 2025: -$74.8 billion
- December 2024: $178.8 billion
- November 2024: $116.2 billion
- Official Sector:
- January 2025: $26.0 billion
- December 2024: -$75.6 billion
- November 2024: $18.4 billion
Analysis of Net Foreign Purchases of Long-Term Securities
Figures for net foreign purchases of long-term securities show:
- Long-Term Securities Transactions: -$45.2 billion in January 2025, compared to $75.0 billion in December 2024 and $54.2 billion in November 2024.
- Net Purchases of Domestic Securities: $0.2 billion in January 2025, versus $83.0 billion in December 2024 and $97.5 billion in November 2024.
Breakdown by Sector (Domestic Securities)
Net purchases of domestic securities broken down by sector:
- Private Sector: $59.2 billion in January 2025, $133.9 billion in December 2024, and $90.6 billion in November 2024.
- Official Sector: -$59.0 billion in January 2025, -$50.9 billion in December 2024, and $6.8 billion in November 2024.
Net Foreign Purchases by Security Type
Total net foreign purchases across key security types:
- Treasuries: -$13.3 billion in January 2025, -$49.7 billion in December 2024, and -$34.4 billion in November 2024.
- Agencies: $0.5 billion in January 2025, $16.1 billion in December 2024, and -$1.8 billion in November 2024.
- Equities: -$11.1 billion in January 2025, $62.1 billion in December 2024, and $142.6 billion in November 2024.
- Corporate Bonds: $24.1 billion in January 2025, $54.5 billion in December 2024, and -$8.9 billion in November 2024.
Major Foreign Holders of US Treasuries
The largest foreign holders of U.S. Treasury securities are:
- Japan: Holding $1079.3 billion in January 2025, $1059.8 billion in December 2024, and $1087.1 billion in November 2024.
- China (Mainland): Holding $760.8 billion in January 2025, $759.0 billion in December 2024, and $768.6 billion in November 2024.
- United Kingdom: Holding $740.2 billion in January 2025, $722.7 billion in December 2024, and $766.8 billion in November 2024.
- Luxembourg: Holding $409.9 billion in January 2025, $423.9 billion in December 2024, and $417.8 billion in November 2024.
- Cayman Islands: Holding $404.5 billion in January 2025, $418.9 billion in December 2024, and $401.4 billion in November 2024.
- Belgium: Holding $377.7 billion in January 2025, $374.6 billion in December 2024, and $361.3 billion in November 2024.
- Canada: Holding $350.8 billion in January 2025, $378.8 billion in December 2024, and $372.4 billion in November 2024.
- France: Holding $335.4 billion in January 2025, $332.3 billion in December 2024, and $332.5 billion in November 2024.