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In March 2021, XYZ Bank sold some 7% Interest Rate Futures underlying Notional 7.50% Coupon Bonds. The exchange provides following details of eligible securities that

In March 2021, XYZ Bank sold some 7% Interest Rate Futures underlying Notional 7.50% Coupon Bonds. The exchange provides following details of eligible securities that can be delivered: Security 7.96 GOI 2024 6.55 GOI 2026 6.80 GOI 2030 6.85 GOI 2027 8.44 GOI 2028 8.85 GOI 2029 Quoted Price of Bonds 1,037.40 926.40 877.50 972.30 1,146.30 1,201.70 Conversion Factor 1.0370 0.9060 0.9195 0.9643 1.1734 1.2428 Recommend the Security that should be delivered by the XYZ Bank if Future Settlement Price is 1,000

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