TOTAL PURCHASES AND SALES OF LONG-TERM FOREIGN ASSET-BACKED SECURITIES BY U.S. RESIDENTS
                   (IN MILLIONS OF DOLLARS)
                                
     (FOR NET TRANSACTIONS: NEGATIVE ENTRIES INDICATE NET U.S. PURCHASES OF FOREIGN SECURITIES, OR A NET
     OUTFLOW OF CAPITAL FROM THE UNITED STATES; POSITIVE ENTRIES INDICATE U.S. SALES OF FOREIGN SECURITIES)


                            FOREIGN SECURITIES

                    NET           GROSS          GROSS
     MONTH      TRANSACTIONS    PURCHASES        SALES
     -------    ------------   ------------   ------------

     2012-03           1,180          3,497          4,677
     2012-02            -545          2,767          2,222
     2012-01             959          1,438          2,397
     2011-12             915          1,947          2,862
     2011-11           2,825          2,261          5,086
     2011-10             895          1,125          2,020
     2011-09           1,654          1,787          3,441
     2011-08           1,462          1,197          2,659
     2011-07           1,078          2,006          3,084
     2011-06           1,804          3,496          5,300
     2011-05            -825          3,653          2,828
     2011-04             844          5,176          6,020
     2011-03             -16          3,182          3,166
     2011-02            -678          4,040          3,362
     2011-01           1,022          2,692          3,714
     2010-12           3,710          2,435          6,145
     2010-11             547          1,675          2,222
     2010-10           1,414          3,828          5,242
     2010-09           3,156          2,887          6,043
     2010-08           3,948          2,119          6,067
     2010-07           2,799          1,841          4,640
     2010-06           5,211          2,443          7,654
     2010-05             393          1,863          2,256
     2010-04           1,213          3,400          4,613
     2010-03           3,133          1,895          5,028
     2010-02           1,498          1,371          2,869
     2010-01           1,567          2,038          3,605
     2009-12           1,014          1,755          2,769
     2009-11             607          4,295          4,902
     2009-10             554          3,860          4,414
     2009-09             464          1,863          2,327
     2009-08             643          1,245          1,888
     2009-07             291          1,476          1,767
     2009-06             462            812          1,274
     2009-05             915            932          1,847
     2009-04             265          2,150          2,415
     2009-03           3,055            922          3,977
     2009-02            n.a.           n.a.           n.a.
     2009-01            n.a.           n.a.           n.a.