ANZ and National Australia Bank both issued five-year Samurai bonds late last week.The fixed rate tranches of 75.2 billion yen (A$950 million) and 76.4 billion yen (A$960 million) respectively, were priced at 78 bps over swap. Swapped back to Australian dollars this would convert to a credit spread of 200 basis points plus.The banks also sold JPY9.8 billion and JPY7.1 billion of FRNs, priced at Libor plus 93 bps.The Samurai issues take total foreign bond issuance by the four major banks in the first two weeks of the year to the equivalent of A$8.1 billion. This includes covered and unsecured, public and private placements.NAB and ANZ have continued to privately place covered bonds denominated in euros and Norwegian kroner.