Congress Party leaders express joy over party’s success

New Delhi/Chennai, May 16 (ANI): Congress Party leaders on Saturday appeared joyous over the initial leads as the Congress-led UPA is set to return to power for second term.

Senior Congress leader Oscar Fernandes, who expressed joy and gaiety on the success of the party, said, “It’s a very big result and a very good return for all of us.”

Another senior leader of the party, Ambika Soni, said, “According to the results that are coming out today, everything has become very clear. Five-year tenure of the UPA, of Prime Minister Manmohan Singh, and Congress chief Sonia Gandhi and attraction of youth towards the UPA made us confident that we would get more seats,” said

Meanwhile in Chennai, the Dravida Munnettra Kazhagam (DMK), and an ally of Congress party, workers burst crackers and distributed sweet celebrating the victory.

“I think, I should thank people of Tamil Nadu for being very decisive in pointing victory of the DMK-Congress,” said Dayanidhi Maran, DMK party leader.

The UPA is leading in 253 seats and the NDA in 158 seats. The Third Front is leading in 85, till the reports last filtered in. (ANI)

New Issue-Spain’s ICO sells 50 bln yen in Samurai bonds

TOKYO, April 17 (Reuters) – Spain’s Instituto de Credito
Oficial (ICO) [ICO.UL] sold 50 billion yen ($503.2 million) in
Samurai bonds in two tranches, lead manager Daiwa Securities SMBC
said on Friday.

Details are as follows:

1. Five-year fixed-rate bond:

Issue amount: 22.9 billion yen

Coupon: 1.67 percent

Issue price: par

Maturity date: April 23, 2014

Coupon payments: April 23, Oct. 23

Payment date: April 23, 2009

Lead managers: Daiwa Securities SMBC

Mitsubishi UFJ Securities

Mizuho Securities

Ratings: Aaa (Moody’s)

AA+ (S and P)

AAA (Fitch)

Spread: 60 basis points over yen swaps

2. Five-year floating-rate bond:

Issue amount: 27.1 billion yen

Coupon: 0.68 pct point above 3-month yen Libor

Issue price: par

Maturity date: April 23, 2014

Coupon payments: Jan. 23, April 23, July 23 and Oct. 23

Payment date: April 23, 2009

Lead managers: Daiwa Securities SMBC

Mitsubishi UFJ Securities

Mizuho Securities

Ratings: Aaa (Moody’s)

AA+ (S and P)

AAA (Fitch)

ICO, which is guaranteed by the Kingdom of Spain, provides
financial backing to small and medium-sized businesses.

Samurai bonds are yen bonds issued in Japan by non-Japanese
entities.
(Reporting by Naoyuki Katayama and Hiroyasu Hoshi: writing by
Rika Otsuka)

Tevez on collision course with Fergie after saying he’d love to join Real Madrid

London, Jan.6 (ANI): Argentine footballer Carlos Tevez is on a collision course with Manchester United boss Alex Ferguson after saying last night that he would love to play for the Spanish football club Real Madrid.

Tevez admitted in a Spanish magazine: “Who wouldn’t want to play for Real Madrid?
“Like Manchester, they are one of the best clubs in the world — and it would be a pleasure to play for them.”

Fergie despises Real Madrid the most after it tried to lure Portuguese striker Cristiano Ronaldo away from Old Trafford.

Tevez phoned SunSport yesterday claiming he fears being forced out of United as he has yet to be offered a permanent deal.

He added: “If they don’t sort out my future, there are other clubs ready to negotiate with my representative. I’m told United will offer me a deal but I don’t know.”

“If another club offered me the security of a five-year deal, then I’d have to consider it,” he added.

Tevez has been at United for 18 months on a loan deal. Old Trafford bosses have always said he would get a permanent contract and his 32 million pound purchase would be finalised.

He furiously denies he has made ridiculous wage demands. (ANI)

Middlesbrough say Downing is staying at the club

Middlesbrough say Downing is staying at the club London – English Premier League Middlesbrough said on Monday that Stewart Downing will not be leaving the club and that none of their senior players would be sold in the transfer window.

England winger Downing reportedly handed in a transfer request, just a year after signing a new five-year contract, and Tottenham Hotspur have made a bid for him, which was rejected.

Manager Gareth Southgate said Downing would be staying at the north-east club.

“In the situation we are in right now, we don’t feel it would be right to let Stewart go,” Southgate told Middlesbrough’s official website.

“He is naturally frustrated that we have not done better than we have so far this season but his heart is with Middlesbrough and there is nothing he would want more than to see this club do well.”

Downing’s frustration has been at the results of the club this season which have seen them slip to one place above the relegation zone.

But Southgate said: “I’m not under pressure to sell any player. The only way anyone will leave is if we feel it is in the best interests of this football club.”

Spurs have been monitoring the progress of Downing over recent weeks but Middlesbrough chairman Steve Gibson said they should stop trying to prise him away from the Riverside.

“I can confirm that we have rejected an offer from Spurs for Stewart Downing,” Gibson said. “I have categorically told Daniel Levy (the Spurs chairman) that their interest is not welcome, nor will we entertain any further offers for Stewart.

“Nor will we will entertain offers for any other senior members of our squad. None of our senior players will be leaving the club this month.

“As far as we are concerned, this is now the end of the matter. We’ve got a talented group of players and it’s time for us to knuckle down and focus on the job in hand.” (dpa)