Interest rate future

Sir in your lecture, when calculating the “FUTURE PRICE” at transaction date you have calculated the basis as follow Basis= (100 – Libor rate) – Future price now i want to calculate Lock in rate for future at transaction date so does this lock in rate indicate the Libor lock in rate??? Do i have to calculate “overall expected lock in rate” to calculate the outcome of future hedge??? (Overall expected lock in rate means = Libor lock in rate + credit spread) So which one is the actual future price at transaction date "libor lock in rate" or "overall expected lock in rate" I hope you understand what i m trying to say