PROSPECTUS Dated January 24, 1997 Pricing Supplement No. 10 to
PROSPECTUS SUPPLEMENT Registration Statement No. 333-18005
Dated January 24, 1997 March 4, 1997
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 be redeemable in whole, but not in
part, at the option of Morgan Stanley Group Inc. upon 30 to 35 calendar days
notice on any March 18 or September 18, commencing March 18, 1999.
Principal Amount: $15,000,000
Maturity Date: March 18, 2012
Interest Rate: 7.50% per annum
Interest Accrual Date: March 18, 1997
Interest Payment Dates: The 18th day of each month, commencing April 18, 1997
Redemption Dates: Redeemable in whole, but not in part, at the option of
Morgan Stanley Group Inc. upon 30 to 35 calendar days notice
on any
March 18 or September 18, commencing March 18, 1999
Minimum Denomination: $1,000
Redemption Percentage: 100%
Annual Redemption Percentage Reduction: N/A
Interest Payment Period: Monthly
Specified Currency: U.S. Dollars
Issue Price: 100%
Settlement Date (Original Issue Date): March 18, 1997
Book Entry Note or Certificated Note: Book Entry Note
Senior Note or Subordinated Note: Senior Note
Total Amount of OID: N/A
Original Yield to Maturity: N/A
Initial Accrual Period OID: N/A
Trustee: The Chase Manhattan Bank
CUSIP: 61745EJV4
Capitalized terms not defined above have the meanings given to such terms in
the accompanying Prospectus Supplement.
MORGAN STANLEY & CO.
Incorporated
