Banks loans displaced traded debt instruments over the June 2014 quarter, the National Financial Accounts show.Demand for credit increased by A$34.5 billion over the June 2014 quarter, "driven by other private non-financial corporations (up $24.8 billion), households (up $15.3 billion), and state and local public non-financial corporations (up $5.1 billion).Demand for credit during the quarter was $83.2 billion and valuation increases were $17.7 billion, the Australian Bureau of Statistics said yesterday in the National Financial Accounts.Total credit market outstanding of the domestic non-financial sectors at June 2014 was $5.07 billion, an increase of $100.9 billion from the previous quarter, the ABS said. Private non-financial corporations raised a net $30.9 billion over the quarter,  through loan borrowings of $22.5 billion and equity issuance of $16.6 billion.This was partially offset by maturities of bonds of $4.3 billion and bills of exchange of $2.9 billion.Government raised a net $6.2 billion during the quarter driven by issuances of one name paper of $5.0 billion. This was partially offset by minor maturities of loans and placements.State and local general government raised $3.6 billion during the quarter through loan borrowings of $3.4 billion.Households loan borrowings of $36.9 billion during the June quarter 2014 raised a net $36 billion, $15 billion or a whopping 70 per cent more.