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It depends on the company, government or agency that's issuing the bond, as well as what the bond's maturity is. Generally, the less stable the issuer, the higher the interest rate it will pay. That's because the issuer has to make it worthwhile to investors, given the greater risk that a less-stable issuer will default on its bond payments. Treasury bills, issued by the U.S. government, are considered the safest of all. Typically, the longer the bond's term, the higher the interest rate it will pay.
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As a practical example, well use a 4 interest rate which is easily available with a high interest online savings account (update: rates have dropped since this was originally published). Over what period of time? The longer the better. Compound interest works its magic best.
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