Recent euro-area inflows into U.S. bonds: Reconciling and understanding new data sources, Accessible Data

Accessible version of figures

Figure 1. TIC S and TIC SLT Estimates of Net Purchases of U.S. Bonds by Euro-Area Residents

Source. U.S. Treasury and staff calculations

Billions of dollars

Date TIC S net purchases TIC SLT changes in holdings TIC SLT estimated net purchases
3/31/2012 -19.44 53.18 44.53
6/30/2012 11.64 11.11 10.87
9/30/2012 8.61 75.51 56.18
12/31/2012 20.37 48.67 47.3
3/31/2013 6.65 89.46 80.8
6/30/2013 -4.85 -27.9 3.76
9/30/2013 -8.45 35.16 21.1
12/31/2013 -23.25 195.06 141.59
3/31/2014 -12.1 159.25 144.26
6/30/2014 -22.08 43.37 15.94
9/30/2014 -15.38 8.3 48.78
12/31/2014 -29.18 49.92 61.28
3/31/2015 -23.78 7.54 35.14

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Figure 2. Estimates of Net Purchases of U.S. Bonds by Euro Area Residents: TIC S and TIC SLT, Excluding Belgium

Source. U.S. Treasury and staff calculations

Billions of dollars

Date TIC S net purchases TIC SLT changes in holdings TIC SLT estimated net purchases
3/31/2012 -14.02 66.35 61.23
6/30/2012 19.79 20.17 19.82
9/30/2012 14.56 72.9 59.03
12/31/2012 29.2 39.97 39.21
3/31/2013 13.89 51.11 36.4
6/30/2013 10.2 -16.6 6.98
9/30/2013 -4.75 32.49 22.02
12/31/2013 -17.41 99.87 46
3/31/2014 -1.7 24.14 13
6/30/2014 -14.62 49.48 37.36
9/30/2014 -11.9 20.3 49.26
12/31/2014 -9.52 59.18 68.31
3/31/2015 8.89 71.35 92.22

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Figure 3. Estimates of Net Purchases of U.S. Bonds by Euro Area Residents: TIC SLT Estimated Net Purchases by Type, Excluding Belgium

Source. U.S. Treasury and staff calculations

Billions of dollars

Date Government Corporate
3/31/2012 15.74 45.49
6/30/2012 16.81 3.01
9/30/2012 26.71 32.32
12/31/2012 17.35 21.86
3/31/2013 10.97 25.43
6/30/2013 -1.48 8.46
9/30/2013 -3.68 25.7
12/31/2013 15.71 30.3
3/31/2014 -16.54 29.54
6/30/2014 20.45 16.91
9/30/2014 28.68 20.58
12/31/2014 34.62 33.69
3/31/2015 22.39 69.84

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Figure 4. Estimates of Net Purchase of U.S. Bonds by Euro Area Residents: TIC SLT, BEA, and ECB Net Purchases

TIC SLT and BEA data are for euro area excluding Belgium.

ECB data are for whole euro area.

Source. U.S. Treasury, staff calculations, BEA, and ECB.

Billions of dollars

Date TIC SLT BEA ECB
3/31/2012 61.23 -11.25 1.74
6/30/2012 19.82 6.18 -2.14
9/30/2012 59.03 46.41 9.96
12/31/2012 39.21 60.05 3.56
3/31/2013 36.40 35.4 29.22
6/30/2013 6.98 55.45 -5.65
9/30/2013 22.02 29.93 -10.82
12/31/2013 46.00 104.06 -1.00
3/31/2014 13.00 47.34 13.82
6/30/2014 37.36 48.72 45.46
9/30/2014 49.26 49.76 28.11
12/31/2014 68.31 62.76 31.93
3/31/2015 92.22 70.79 NC

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