PROSPECTUS Dated March 29, 1995 Pricing Supplement No. 60 to
PROSPECTUS SUPPLEMENT Registration Statement No. 33-57833
Dated March 29, 1995 March 8, 1996
Rule 424(b)(3)
Morgan Stanley Group Inc.
MEDIUM-TERM NOTES, SERIES C
Senior Fixed Rate Notes
The Fixed Rate Notes, as further described below and in the Prospectus
Supplement under "Description of Notes -- Fixed Rate Notes," will bear
interest from the date of issuance until the principal amount thereof is paid
or made available for payment at the rate set forth below.
The Fixed Rate Notes will not be redeemable in whole or in part at the
option of Morgan Stanley Group Inc. prior to the Maturity Date.
Principal Amount: $15,000,000 Redemption
Percentage: N/A
Maturity Date: March 15, 2000
Annual Redemption
Interest Rate: 6.425% per annum Percentage
Reduction: N/A
Interest Accrual
Date: March 13, 1996 Interest Payment
Period: Semiannually
Interest Payment
Dates: Each March 15 and Specified Currency: U.S. Dollars
September 15,
commencing Issue Price: 100%
September 15, 1996
Settlement Date
(Original Issue
Redemption Dates: N/A Date): March 13, 1996
Book Entry Note or
Certificated Note: Book Entry Note
Senior Note or
Subordinated Note: Senior Note
Total Amount of OID: N/A
Minimum Original Yield to
Denomination: $1000 Maturity: N/A
Initial Accrual
Period OID: N/A
Trustee: Chemical Bank
Capitalized terms not defined above have the meanings given to such terms in
the accompanying Prospectus Supplement.
MORGAN STANLEY & CO.
Incorporated