cheapest-to-deliver

Learning objectives: Describe the impact of the level and shape of the yield curve on the cheapest-to-deliver Treasury bond decision. Calculate the theoretical futures price for a Treasury bond futures contract. Calculate the final contract price on a Eurodollar futures contract and compare...

Among the T-bonds available for delivery (the short position is given a choice in order to avoid a liquidity squeeze on a single bond), the cheapest to deliver (CTD) bond minimizes the net cost. David's XLS is here: https://www.dropbox.com/s/0145of75vjwhb8c/082218-tbond-ctd.xlsx

Hi all, I've tried searching the forum for the answer, but of no avail. So, regarding questions about determining "cheapest-to-deliver" bonds .. I am quite confused by the solutions provided above (taken from Handbook), which they compared the ratio of Quoted Bond Price to Conversion...

Learning objectives: Explain and calculate a US Treasury bond futures contract conversion factor. Calculate the cost of delivering a bond into a Treasury bond futures contract. Describe the impact of the level and shape of the yield curve on the cheapest-to-deliver Treasury bond decision...

In reference to; R19.P1.T3.Hull Study Notes How do we arrive at the conclusion below...am a little stuck on this...any inputs/insights would be much appreciated .. If bond yields are less than 6%, this favors delivery of high-coupon, short-maturity bonds; i.e., bonds with lower durations...