Nairobi, Sept. 13 -- A growing pool of public funds invested in interest-earning government securities is boosting the Treasury, even as it targets a total of Sh987.4 billion from the domestic market in the current fiscal year to June 2027.

New disclosures show that hundreds of billions of shillings, including the more than Sh300 billion seed capital of the newly created National Infrastructure Fund (NIF), is set to be pumped into government securities-boosting the Treasury's prospects of reliable domestic capital to fund budget deficits, public operations, and national infrastructure.

The share of Treasury bonds and bills held by government entities, semi-autonomous agencies and public sector funds has crossed Sh500 billion, pointing t...