SECURITIZATIONS AND VARIABLE INTEREST ENTITIES - Municipal Securities Tender Option Bond Trusts (Details) |
12 Months Ended | |
---|---|---|
Dec. 31, 2020
USD ($)
trust
|
Dec. 31, 2019
USD ($)
|
|
Variable Interest Entity | ||
Number of TOB trusts | trust | 2 | |
Municipal bonds owned by trusts, that have credit guarantee provided by the Company | $ 0 | $ 0 |
Municipal securities tender option bond trusts (TOBs) | ||
Variable Interest Entity | ||
Liquidity agreements, customer TOB trust | 1,600,000,000 | 3,500,000,000 |
Notional amount of offsetting reimbursement agreements | 800,000,000 | 1,600,000,000 |
Liquidity agreements, other trusts | $ 3,600,000,000 | $ 7,000,000,000.0 |
Maximum | Municipal securities tender option bond trusts (TOBs) | ||
Variable Interest Entity | ||
The threshold ownership percentage on Residual value of customers TOBs for which the reimbursement agreement applied | 25.00% |