Which asset is sometimes referred to as a bank's secondary reserves?

Name: Which asset is sometimes referred to as a bank's secondary reserves?
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U.S. government securities are sometimes referred to as a bank's secondary reserves because they can easily be sold or used as collateral to obtain cash quickly in case of need. Vault cash is considered a bank's primary reserve, while repurchase agreements and federal funds are sources of short-term borrowing for banks.

Which Asset Is Sometimes Referred to as a Bank's Secondary