Development and management of infrastructure bonds market widens the financing options for firms and enables the government to shift its domestic debt to longer-term securities. However, development of bonds market requires that certain conditions be in place. These include a developed money market, wider participation and protection of investors, reduced information asymmetry and an efficient trading system. The length of treasury bonds market is shorter than that of developed bonds markets, the trading system is not harmonized with intermediaries using different pricing models, and the regulatory framework is also weak to accommodate diversification of these bonds. The purpose of this study was to assess the influence of infrastructure bonds programmes management on the performance of government securities. The study unit of analysis was Kenya National treasury. The results indicate that the management of infrastructure bonds and their application do have great influence on the performance of government securities. The effect size of this variable is up to 84.9% on the yield of government securities in a financial market and this is statistically significant (p = .000<.05).