PROSPECTUS Dated March 29, 1995 Pricing Supplement No. 63 to
PROSPECTUS SUPPLEMENT Registration Statement No. 33-57833
Dated March 29, 1995 March 14, 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.
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<S> <C> <C> <C>
Principal Amount: $150,000,000 Specified Currency: U.S. Dollars
Maturity Date: March 30, 2001 Issue Price: The Company has
agreed to sell the
Interest Rate: 6.50% per annum Notes to the Agent and
the Agent has agreed
Interest Accrual to purchase the Notes
Date: March 19, 1996 at a price of 99.326%,
which Notes were
Interest Payment reoffered to the public
Dates: Each March 30 and at variable prices
September 30, related to prevailing
commencing market prices
September 30, 1996
Settlement Date
Redemption Dates: N/A (Original Issue March 19, 1996
Date):
Minimum
Denomination: $1000 Book Entry Note or Book Entry Note
Certificated Note:
Redemption
Percentage: N/A Senior Note or Senior Note
Subordinated Note:
Annual Redemption N/A
Percentage Total Amount of OID:
Reduction: N/A
Original Yield to N/A
Interest Payment Maturity:
Period: Semiannually
Initial Accrual N/A
Period OID:
Chemical Bank
Trustee:
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Capitalized terms not defined above have the meanings given to such terms in
the accompanying Prospectus Supplement.
MORGAN STANLEY & CO.
Incorporated
