SP AusNet's (A-/A1) funding vehicle, SPI Electricity & Gas Australia Holdings, priced its second domestic bond transaction in just over a year on March 29. The A$250 million (US$255.8 million) placed in the transaction brings the volume already priced by Australian true corporate issuers in the first quarter to A$2.45 billion – a figure that is tracking well ahead of the A$6.9 billion placed in full year 2010.