Six bond deals listed or priced last week, making it the busiest, in terms of the number of issues, though not in the value of debt sold, for the month. There is only a little more novelty on the identity, or at least the type, of the issuers this month. There's a lot more novelty on the pricing though, since for many credible vendors into the domestic debt market credit spreads have waned.Or they were waning, before the flap over the debt default by Dubai World in the middle of the week forced a reappraisal across financial markets. (Technically, Dubai World is working out a standstill agreement with its bond holders, rather than defaulting. On the other hand there is, at least notionally, a guarantee from the government of Dubai over the debt, so arguably it is a sovereign default.)Brookfield, a property fund manager, sold A$65 million in three-year, fixed rate bonds to refinance its 50 per cent interest in the Southern Cross West tower in Melbourne. The bonds will pay a coupon of 8.79 per cent.Australia Post is the primary tenant of the building, completed in August,. The MTAA Superannuation Fund owns the rest of the equity in the building.This is the second sale this year of ASX-listed debt by Brookfield to refinance its property holdings.AMP Capital Wholesale Office Fund and Caterpillar Financial Australia on Monday both up sized and priced issues launched the week before. The AMP fund raised A$250 million (up from A$200 million) for five years at swap plus 250 basis points. The bonds are secured against a property portfolio and rated A.Caterpillar (rated A) also raised A$250 million (up from A$150 million) for three years and paid 165 bps over swap.Volkswagen Financial Services Australia (rated A-) returned to the market for the second time this year and raised A$125 million for three years at 200 bps over swap. In June VW raised A$100 million for two years and paid 285 bps over swap. Clearly credit spreads are continuing to contract for non-bank issuers.German government agency KfW raised A$300 million for ten years at Commonwealth government bonds plus 113 bps or around 55 bps over swap.Investec (Australia) returned to the market on Friday with an Australian government guaranteed A$450 million bond issue. The bonds were priced at 58 bps over swap for a five-year term to maturity. This is the third such issue by Investec (Australia) this year. The last was in February, when it paid 130 bps over swap for five-year funds.At the end of November, year to date issuance in the domestic market stands at a stunning total of A$94.6 billion and on a rolling twelve-month basis is at A$104 billion. Unless issuance volumes fall away dramatically in December (the monthly average is A$8.6 billion, this year) 2009 will set a new annual record of more than A$100 billion of issuance.