US T-bond futures cheapest to deliver (CTD, FRM T3-26)

[here is my XLS trtl.bz/2N9tnx4] 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. Discuss this video here in our FRM forum: trtl.bz/2LOB5Ri.