Which of the following statements regardin
题型：单项选择题
问题：
Which of the following statements regarding forward contracts on T-bills is TRUE（）
A. If short-term yields increase unexpectedly after contract initiation, the short will profit on the contract.
B. There is no default risk on these forwards because T-bills are government-backed.
C. The long will receive a payment at settlement if the discount yield is above the forward yield.