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Hermes: Completion of the first issuance of bonds for MNHD

The Financial Group “Hermes” has announced that the promotion and underwriting sector had succeeded in completing the first issue of securitization bonds for Madinet Nasr for Housing and Development (MNHD).

It’s worth EGP 300 million, as part of a program to issue bonds worth EGP 3 billion for 3 years.