11.   The yield on government bonds is currently seven percent.

12.   Ministry officials attributed this increase to higher interest payments on outstanding government bonds.

13.   UK government bonds have a negligible risk of default, whereas the unsecured loan stock of private corporations have a much higher risk of default.

14.   How might the par yield curve for UK government bonds be useful to an investment bank seeking a eurobond mandate?

15.   But other securities such as government bonds have their yields quoted before income tax.

16.   The market in UK government bonds was a very large one by international standards up until recent times.

17.   But if in recent years the market in British government bonds has declined in size, the market for other sterling bonds has grown.

18.   This is a market for the sale and repurchase of government bonds and serves much the same function as the lending of stock in the UK.

19.   Other assets, such as government bonds -- i.e. loans to government for a fixed number of years -- are somewhere in the middle.

20.   Investments in public-sector stock are mainly in short-dated government bonds.