Fleet Mortgage Group Inc. issued $150 million of 6.5% notes due Sept. 15, 1999, priced at 99.723 to yield 6.55% via Merrill Lynch & Co. The notes yield 80 basis points more than comparable Treasury securities. Non-callable for life, the offering by the Fleet Financial Group unit is expected to be rated A3 by Moody's Investors Service Inc. and A-minus by Standard and Poor's Corp.

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