The National Treasury plans to borrow 60 billion shillings from the domestic credit market next month.
As a result, the National Treasury has invited investors to submit bids for a new infrastructure bond that will be available for purchase until November 8.
The exchequer is expected to face pressures in meeting the target, including investor snubs and high interest rates as investors demand higher returns on government debt.
This month, the Treasury fell short of its target of raising 60 billion shillings, raising only 28.8 billion shillings.
