N23C-1 Submission To: Securities and Exchange Commission, Washington, D.C.

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.

MFS Government Markets Income Trust - MGF

Report of the calendar month ending February 27, 2004:
Date Identification of Security Shares Repurchased Repurchase Price NAV Broker
2/9/04 Shares of beneficial interest 19,000 6.85 7.54 Merrill Lynch
2/10/04 Shares of beneficial interest 19,000 6.85 7.53 Merrill Lynch
2/11/04 Shares of beneficial interest 50,000 6.85 7.56 Merrill Lynch
2/17/04 Shares of beneficial interest 5,500 6.85 7.53 Merrill Lynch
2/24/04 Shares of beneficial interest 23,000 6.85 7.53 Merrill Lynch

Total Shares Repurchased: 116,500

Remarks? (none)

Stephanie DeSisto, Assistant Treasurer
MFS Investment Management