With a holiday-shortened week in some states, there was virtually no corporate bond issuance in domestic credit markets last week. However, the long weekend may not have much to do with the slump in issuance activity that has been evident over the last month or so.The real explanation may have more to do with a low volume of maturing bonds that started in September and will extend through to February next year. There is a similar decline that will extend over much the same period in 2013/14.One exception was Bendigo and Adelaide Bank, which quietly raised A$50 million for one year, priced at 85 bps over the bank bill rate.