| 11. | All four cards have a penalty rate of 23 . 90 percent, which is sixth highest on the list.
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| 12. | Banks'penalty rates, which are applicable to cheques, now stand at 19 . 50 per cent to 27 per cent.
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| 13. | The average penalty rate was 22.84 percent a year, or 8 points higher than the average rate for purchases.
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| 14. | Meanwhile, penalty rates were high.
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| 15. | Effective Monday, the discount rate was 19.5 percent, the Lombard rate 23 percent and the overnight penalty rate 27 percent.
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| 16. | Delaware's governor, Thomas Carper, said he expected the penalty rates to fall as recipients got used to the new system.
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| 17. | Borrowing at this penalty rate tends to exceed 500 million marks only when there is a shortage in the money market.
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| 18. | The average penalty rate was 22 . 84 percent a year, or 8 points higher than the average rate for purchases.
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| 19. | Lending to banking institutions under this new facility would be at penalty rates, fully collaterised and with a clear timeframe for repayment.
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| 20. | Effective Monday, the discount rate was 19 . 5 percent, the Lombard rate 23 percent and the overnight penalty rate 27 percent.
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