The end of November saw a rush of corporate bond issuance, with the launch of eight issues, including two issues from long-time absentees, as well as a benchmark A$1.5 billion five-year floating rate note from ANZ. The ANZ (AA-) FRNs were priced at 100 basis points over bank bills.The Bank of Queensland's (BBB+) A$250 million three-year FRN issue was claimed to be its first public issue of senior debt without a government guarantee since 2008. The claim is hard to verify, however: BoQ has undertaken a number of such issues since 2008 and not all of them appear to have been private placements. The BoQ FRNs were priced at a spread of 160 bps over bank bills. Korea Development Bank's (A) last issuance in the domestic market was in November 2003, when it raised A$150 million for three years at 53 bps over the bank bill rate. This time around, KDB is prepared to pay 115 bps over bank bills for three-year funds, but there was no news on the size of the issue at the end of last week.The rush of 'late' issuance suggests that issuers had either realised that the capacity of investors to take up new issues had not really been tapped in November, or, alternatively, that December may be a poor month for issuance given a looming fiscal cliff in the US. As noted in Banking Day last week, up until last week issuance in November has largely only absorbed the funds released from the buybacks undertaken by NAB and Westpac. Volkswagen Financial Services Australia (A-) got the last week of November started with a A$200 million four-year bond issue, priced at 130 bps over swap. ING Bank NV (A+) added A$100 million and A$75 million to its fixed and floating rate September 2015 lines, respectively. The additions take the outstanding volume in each tranche to A$350 million and A$225 million, respectively, and were priced at 140 bps over swap/bank bills.NAB-owned National Wealth Management Holdings (A+) raised A$450 million for five years, at 205 bps over swap.