Bendigo and Adelaide Bank will become the second bank to market retail bonds, after the bank announced plans to issue three-year floating rate bonds.  A good proportion of Bendigo's funding already comes from retail investors, with deposits comprising 74 per cent of total funding as at December 2010. Of the balance, seven per cent came from securitisation and 19 per cent from wholesale funds.  Bendigo didn't indicate the amount it plans to raise, but said the spread would be around 140 basis points over 90-day swap rate.Commonwealth Bank was the first major bank to issue retail bonds, raising $570 million in December via five-year floating rate bonds, at a spread of 105 basis points over the 90-day bank bill rate.