CHICAGO - Pleased so far with the pricing results on $500 million of new-money, refunding, and restructured bonds that sold last week, Rochester, Minn.-based Mayo Clinic this week will complete the conversion of its $200 million of auction-rate securities.

The well-respected health care system will price two series of variable-rate demand obligations, each for $65 million, tomorrow and Thursday, with Lehman Brothers serving as the remarketing agent. Bank of America NA will provide a standby bond purchase agreement. The bonds will be remarketed weekly.

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