The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for December 2025. The next release, which will report on data for January 2026, is scheduled for March 18, 2026.
The sum total in December of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $44.9 billion. Of this, net foreign private inflows were $32.7 billion, and net foreign official inflows were $12.2 billion.
Foreign residents increased their holdings of long-term U.S. securities in December; their net purchases were $62.9 billion. Net purchases by private foreign investors were $55.7 billion, and net purchases by foreign official institutions were $7.2 billion.
U.S. residents increased their holdings of long-term foreign securities, with net purchases of $34.9 billion.
After including adjustments, such as estimated foreign portfolio acquisitions of U.S. stocks through stock swaps, overall net foreign purchases of long-term securities are estimated to have been $28.0 billion in December.
Foreign residents increased their holdings of U.S. Treasury bills by $9.7 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities increased by $12.1 billion.
Banks’ own net dollar-denominated liabilities to foreign residents increased by $4.8 billion.
Complete data are available on the Treasury website here .