Japanese govt bonds close higher as Koizumi leads LDP presidential race

TOKYO (AFX-ASIA) - Government bond prices were higher in closing trade on expectations that Junichiro Koizumi, who supports fiscal reform, will become the new Liberal Democratic Party president, dealers said.	    The president will automatically become prime minister due to the LDP's parliamentary majority.	    The yield on the 10-year No 230 issue was quoted at 1.385 pct, down from 1.455 pct at Friday's close, while the yield on the 10-year No 229 issue was at 1.335 pct from 1.405.	    The June futures contract was up 0.71 at 138.42.

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