PM says Egyptian bonds’ yields rose in local, int’l markets after gov’t formationPM says Egyptian bonds’ yields rose in local, int’l markets after gov’t formation

Egypt’s Prime Minister Mostafa Madbouli said Egyptian bonds’ yields increased in local and international markets after the formation of new cabinet.

Madbouli made the remarks during a press conference that he held on Thursday following the first meeting of the new cabinet in the New Administrative Capital (NAC).

The premier stated that Egypt’s Purchasing Managers Index (PMI) for the non-oil private sector inched up to the highest in three years to 49.9 points.