Daily Liquid Assets are defined as cash, direct obligations of the United States Government, securities that will mature (or are subject to a demand feature that is exercisable and payable) within one business day, or proceeds of pending sales of portfolio securities due within one business day.
Weekly Liquid Assets are defined as cash, direct obligations of the United States Government, securities that will mature (or are subject to a demand feature that is exercisable and payable) within five business days, or proceeds of pending sales of portfolio securities due within five business days.