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Foreign Residents Increase Holdings of US Securities by $95.5Bln in May

Sputnik International

The United States remained a popular target for foreign investors in May, with net purchase of long-term US securities approaching $100 billion, the US... 18.07.2017, Sputnik International

2017-07-18T21:29+0000

2022-08-06T11:47+0000

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Foreign Residents Increase Holdings of US Securities by $95.5Bln in May

21:29 GMT 18.07.2017 (Updated: 11:47 GMT 06.08.2022)

A man enters the US Treasury Department building on Pennsylvania Avenue on January 24, 2017, in Washington, DC. - Sputnik International

The United States remained a popular target for foreign investors in May, with net purchase of long-term US securities approaching $100 billion, the US Treasury Department said in a report.

WASHINGTON (Sputnik) — The sum total all foreign acquisitions of long-term securities, short-term US securities, and bank deposits resulted in a net international capital inflow of $57.3 billion, the report explained.

"Foreign residents increased their holdings of long-term US securities in May; net purchases were $95.5 billion," the report stated on Tuesday.