For the first time in a while now, there was no corporate bond issuance in the Australian domestic market last week. In fact, all the activity was in New Zealand, where a window seems to have reopened. Following a couple of weeks of inactivity, ASB Bank issued A$230 million of five-year bonds the week before last and last week was followed by three other issuers. Bank of New Zealand and Landwirtschaftliche Rentenbank both priced issues on the Monday and ANZ National priced an issue on Tuesday.Bank of New Zealand priced NZ$60 million of September 2016 bonds at 135 basis points over swap and Rentenbank priced NZ$100 million of five-year bonds at 32 bps over. ANZ National's three-year issue was split into NZ$150 million fixed and NZ$75 million floating, priced at 102.5 bps over swap/bank bills.With this recent issuance, the year-to-date total comes to NZ$7.6 billion or 72 per cent of the 2008 total. At this rate, issuance will need to pick up in the last quarter if last year's record is to be broken.