creating XML elements and values from table data

I have a table that stores data:

declare @t table
    (
        el nvarchar(50), 
        val nvarchar(50)
    )
insert into @t values ('n1', 'value 1'), ('n2', 'value 2'), ('n3', 'value 3 <>')

I should get xml, that look like this:

<data>
  <n1>value 1</n1>
  <n2>value 2</n2>
  <n3>value 3 &lt;&gt;</n3>
</data>

the best I could get so far is:

select cast('<' + el + '>' +  (select val from @t i where i.el = t.el for xml raw(''), elements)  + '</' + el + '>'  as xml)
from @t t
For XML Raw(''), root('data'), Elements, Type

Could you help? Thanks!