# DV01 of bond future from DV01 of CTD

Is there a way to compute the DV01 of a bond future, from it's underlying cheapest to deliver bond's DV01?

For example, is this correct? : DV01 future = DV01 CTD / conversion factor?

Or any other formula that would give future's DV01?

The price of the future (if the net basis remains at 0) will increase by: $$DV01.Future= (10 \times (1+repo*day.count.frac)) \div conv.factor$$ The repo is a small adjustment.