After a seven-week long hiatus, two banks sold term debt in the offshore bond market last week.  Commonwealth Bank sold £500 million of one-year floating rate notes on the Euromarket priced at Libor flat.National Australia Bank sold CHF200 million of seven bonds, priced at 39 basis points over mid-swaps. Swapping the proceeds back into Australian dollars would add around another 100b bps to the cost of the debt.On the domestic front, ANZ announced a A$750 million capital note issue last week. The announcement came in the week that Westpac had been expected to announce a similarly sized subordinated note issue.The Westpac issue, reportedly offering a coupon of 200 to 220 bps over bank bills, is now expected to be launched this week.Both issues come after a drought of issuance in the domestic wholesale corporate bond market in June, and a drought of retail issuance since Macquarie Group launched its capital notes issue in May.Retail bond issuance in any form has fallen away this year, after the deluge seen in 2012.By this time in 2012, 10 retail bond issues, totalling more than A$6.3 billion, had been launched on the market. This year, the ANZ capital notes bring the number of issues to six, albeit totalling a respectable 5.3 billion.