The section 11.6 of the CSS Grid Layout specification has some inconsistencies, broken links and obscure statements that I think they deserve some clarification.
https://drafts.csswg.org/css-grid/#grid-baselines
Otherwise, If the item has no alignment baseline in that axis, then one is first synthesized from its border edges.
Otherwise, the grid container has no first (last) baseline set, and one is synthesized if needed according to the rules of its alignment context.
From the last comment in #439 I came to the conclusion that when the grid container has no baseline set it should use its border bottom edge.
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