-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 GTV0M+nYnAsOxj+yOQbxTF3g9TkAHBvpjv2vcvWaIVhJ351CqkaJ0Amk8MK2cSam
 JwiLWRCTi3CtVN2ZDY8Zqg==

<SEC-DOCUMENT>0000912938-03-000379.txt : 20030909
<SEC-HEADER>0000912938-03-000379.hdr.sgml : 20030909
<ACCEPTANCE-DATETIME>20030909095921
ACCESSION NUMBER:		0000912938-03-000379
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030831
FILED AS OF DATE:		20030909
EFFECTIVENESS DATE:		20030909

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MFS GOVERNMENT MARKETS INCOME TRUST
		CENTRAL INDEX KEY:			0000811922
		IRS NUMBER:				046565627
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		N-23C-1
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	817-00766
		FILM NUMBER:		03887180

	BUSINESS ADDRESS:	
		STREET 1:		500 BOYLSTON ST
		STREET 2:		15TH FLOOR
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02116
		BUSINESS PHONE:		18006372929

	MAIL ADDRESS:	
		STREET 1:		500 BOYLSTON STREET
		STREET 2:		15TH FLOOR
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02116
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-23C-1
<SEQUENCE>1
<FILENAME>mgf_8-03.htm
<DESCRIPTION>REPORT OF SHARES REPURCHASED, AUGUST 31, 2003
<TEXT>
<HTML>
<HEAD>
<TITLE>N23C-1 Submission</TITLE>
</HEAD>
<BODY>
To: Securities and Exchange Commission, Washington, D.C.<HR>

<p>Statement of registered closed-end investment company with respect to purchases of its own securities pursuant to Rule N23C-1 during the last calendar month.
</p>
<p><b>MFS Government Markets Income Trust - MGF</b></p>
<caption>Report of the calendar month ending <b>August 31, 2003</b>:</caption>
<TABLE WIDTH="100%" BORDER=1 CELLSPACING=1 CELLPADDING=1>
	<TR>
		<TD><b>Date</b></TD>
		<TD><b>Identification of Security</b></TD>
		<TD><b>Shares Repurchased</b></TD>
		<TD><b>Repurchase Price</b></TD>
		<TD><b>NAV</b></TD>
		<TD><b>Broker</b></TD>
	</TR>
	<TR>
		<TD>8/7/03</TD>
		<TD>Shares of beneficial interest</TD>
		<TD>33,000</TD>
		<TD>6.6857</TD>
		<TD>7.45</TD>
		<TD>Merrill Lynch</TD>
	</TR>
	<TR>
		<TD>8/8/03</TD>
		<TD>Shares of beneficial interest</TD>
		<TD>34,000</TD>
		<TD>6.77</TD>
		<TD>7.45</TD>
		<TD>Merrill Lynch</TD>
	</TR>
	<TR>
		<TD>8/11/03</TD>
		<TD>Shares of beneficial interest</TD>
		<TD>32,800</TD>
		<TD>6.75</TD>
		<TD>7.43</TD>
		<TD>Merrill Lynch</TD>
	</TR>
	<TR>
		<TD>8/11/03</TD>
		<TD>Shares of beneficial interest</TD>
		<TD>1,700</TD>
		<TD>6.7141</TD>
		<TD>7.43</TD>
		<TD>Merrill Lynch</TD>
	</TR>
	<TR>
		<TD>8/12/03</TD>
		<TD>Shares of beneficial interest</TD>
		<TD>34,000</TD>
		<TD>6.7324</TD>
		<TD>7.43</TD>
		<TD>Merrill Lynch</TD>
	</TR>
	<TR>
		<TD>8/13/03</TD>
		<TD>Shares of beneficial interest</TD>
		<TD>34,000</TD>
		<TD>6.71</TD>
		<TD>7.34</TD>
		<TD>Merrill Lynch</TD>
	</TR>
	<TR>
		<TD>8/18/03</TD>
		<TD>Shares of beneficial interest</TD>
		<TD>23,900</TD>
		<TD>6.6902</TD>
		<TD>7.37</TD>
		<TD>Merrill Lynch</TD>
	</TR>
	<TR>
		<TD>8/19/03</TD>
		<TD>Shares of beneficial interest</TD>
		<TD>32,000</TD>
		<TD>6.7073</TD>
		<TD>7.40</TD>
		<TD>Merrill Lynch</TD>
	</TR>
	<TR>
		<TD>8/19/03</TD>
		<TD>Shares of beneficial interest</TD>
		<TD>20,000</TD>
		<TD>6.715</TD>
		<TD>7.40</TD>
		<TD>Merrill Lynch</TD>
	</TR>
	<TR>
		<TD>8/20/03</TD>
		<TD>Shares of beneficial interest</TD>
		<TD>24,900</TD>
		<TD>6.7036</TD>
		<TD>7.39</TD>
		<TD>Merrill Lynch</TD>
	</TR>
	<TR>
		<TD>8/21/03</TD>
		<TD>Shares of beneficial interest</TD>
		<TD>32,000</TD>
		<TD>6.6774</TD>
		<TD>7.36</TD>
		<TD>Merrill Lynch</TD>
	</TR>
	<TR>
		<TD>8/22/03</TD>
		<TD>Shares of beneficial interest</TD>
		<TD>11,000</TD>
		<TD>6.65</TD>
		<TD>7.37</TD>
		<TD>Merrill Lynch</TD>
	</TR>
	<TR>
		<TD>8/25/03</TD>
		<TD>Shares of beneficial interest</TD>
		<TD>29,000</TD>
		<TD>6.6478</TD>
		<TD>7.35</TD>
		<TD>Merrill Lynch</TD>
	</TR>
	<TR>
		<TD>8/26/03</TD>
		<TD>Shares of beneficial interest</TD>
		<TD>29,000</TD>
		<TD>6.67</TD>
		<TD>7.37</TD>
		<TD>Merrill Lynch</TD>
	</TR>
	<TR>
		<TD>8/27/03</TD>
		<TD>Shares of beneficial interest</TD>
		<TD>29,000</TD>
		<TD>6.688</TD>
		<TD>7.35</TD>
		<TD>Merrill Lynch</TD>
	</TR>
	<TR>
		<TD>8/27/03</TD>
		<TD>Shares of beneficial interest</TD>
		<TD>25,300</TD>
		<TD>6.69</TD>
		<TD>7.35</TD>
		<TD>Merrill Lynch</TD>
	</TR>
	<TR>
		<TD>8/29/03</TD>
		<TD>Shares of beneficial interest</TD>
		<TD>29,000</TD>
		<TD>6.6995</TD>
		<TD>7.38</TD>
		<TD>Merrill Lynch</TD>
	</TR>
</TABLE>

<p>Total Shares Repurchased: <b>454,600</b></p>

<p>Remarks? <i>(none)</i></p>

<TABLE WIDTH="90%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR>
	<TD>Robert Flaherty, Assistant Treasurer</TD>
</TR>
<TR>
	<TD>MFS Investment Management</TD>
</TR>
</TABLE>

</BODY>
</HTML>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
