The supranational sector kept domestic investors busy last week with European Investment Bank starting the week by opening a new line of May 2014 bonds with a $750 million issue, priced at 112 basis points over Commonwealth bonds. This came only two weeks after a $500 million addition to its August 2013 line.Inter-American Development Bank became the next supranational issuer to re-enter the sector, when it priced on Friday a $750 million issue of five-year bonds at 70 bps over swap and 103 bps over CGS. The issue had been launched on Thursday for a minimum of $300 million, demonstrating again that there is good demand for SSA risk, at these levels.IADB's last issue was in May 2008 when it added just $150 million to its December 2010 line, to take outstandings to $1.0 billion. All up, IADB now has $3.05 billion outstanding in the domestic market.The kangaroo sector has re-emerged over the last two to three weeks with almost $3.1 billion of bonds being issued. This amounts to 10 per cent of year to date of issuance. Kangaroos accounted for 52 per cent of total issuance in 2006 and 2007 and it will be a while before we see this again.Offshore, Macquarie Bank was the most significant debt issuer, raising ¥100 billion for five years at Libor plus 65 bps. It is understood the government-guaranteed, floating rate notes were privately placed. According to our records this is the second largest, single tranche, Japanese yen raising undertaken by an Australian issuer. The largest came from Westpac in February, when it raised ¥133 billion for five years in the Samurai market. The CBA added another $50 million to its government-guaranteed, February 2014 euro medium-term note line, to take outstandings to $300 million. National Australia bank raised $100 million for four years via a EMTN.