After four weeks averaging more than $50 billion per seven-day period, new corporate bond issues took a breather last week with slightly less than $13 billion of new paper. Even though borrowing was light, some of it should give the economy a little nudge. Here are a few of the highlights.

Honda (NYSE:HMC) subsidiary American Honda Finance rolled out a note sale totaling $2.75 billion and consisting of three-year floating rate, three-year 1.125% and five-year 2.125% paper. The shelf registration filing stated that proceeds would be used "to repay other existing indebtedness, to acquire retail loans or retail leases and provide wholesale flooring and commercial loans or for other general corporate purposes." That's a lot of cars, motorcycles, and other Honda machines, assuming most of the money finds its way to lease or purchase financing.

IntercontinentalExchange (NYSE:ICE) listed a $1.4 billion offering split into five-year 2.5% and 10-year 4% tranches. The money is being used as part of the financing for ICE's acquisition of NYSE Euronext.

TransCanada (NYSE:TRP) piped in $1.25 billion of new cash split between 10-year 3.75% and 30-year 5% note issues. The money will pay down short-term debt that was used to fund the capital program. The SEC filing lists $2.9 billion of notes payable as of June 30, as well as nearly $1.5 billion of long-term debt due over the next year.

Healthcare Realty Trust (NYSE:HR) leased $400 million with a 10-year 4.5% note sale. According to the company press release, the money will be used "to repay outstanding indebtedness under its unsecured line of credit and for general corporate purposes, including investing in health care and seniors housing properties."

Magellan Midstream (NYSE:MMP) opened the valves on a $300 million cash pipeline with the sale of 30-year 5.15% paper. The money will pay down a revolving credit facility and capital expenditures.

Although this was a light week for debt issues, it's good to see some borrowing that should lead to economic activity. New vehicle sales, rebuilding cash used for a capital program, real-estate investment, and capital expenditures should all give the economy a little shot in the arm.

Russ Krull owns shares of Magellan Midstream Partners. The Motley Fool recommends Magellan Midstream Partners and NYSE Euronext. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.