And the interest rate on Government bonds was down to 5.4 percent.

Come to think of it, what is wrong with all these people who own government bonds?

For one thing, government bonds pay low interest rates today.

Interest rates on new government bonds increased to near 10%.

That is not a lot, especially when you can get $5 of income from a government bond.

The balance would be covered in a 10-year government bond, he said.

But that was better than a savings bank or government bonds.

We could use some kind of central bank guarantee, or Government bonds.

The stock market historically has a higher rate of return than government bonds do.

You cannot get money on anything short of government bonds.

What he has agreed to do is provide unlimited liquidity to banks, so that they could in theory buy up sovereign bonds instead.

But the large volume of sovereign bonds in circulation will challenge capital markets over the next few years, Kudrin said.

Greece is also racing to clinch a deal with the private holders of its sovereign bonds.

The key issue for next year, then, is whether these extraordinarily low sovereign bond yields will persist or reverse.

Another category, sovereign bonds, is generally sold by auction to a specialized class of dealers.

For example, sovereign bonds could be considered an asset, but as we know the value of these bonds are not set in stone.

Nigeria's sovereign bonds returned 5 percent last year and has barely budged despite the turmoil.

There was also a crisis in sovereign bonds.

As a result, banks that hold risky sovereign bonds are desperately trying to cut their exposure.

The state-owned bank is a proxy in the debt market for the government, which has no sovereign bonds outstanding.