27 August 2012 7:04am

This time a month ago, July was shaping up to be the second lightest month for bond issuance, with records compiled by The Debt Capital Market Review showing only A$5.5 billion of bonds being issued or priced for the month. At the time, it appeared July was a slow month for the debt capital market.

(This would increase to $7 billion if the $1.5 billion, ASX-listed subordinated note issue from Westpac was included.)

However, a month later, and with the opportunity to update records, the issuance total for July now stands at A$11.2 billion, making it the third best month for the...