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10 Australes
| Issuer | Provincia de La Rioja |
|---|---|
| Year | 1986 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The reverse is printed predominantly in black on white paper and carries the full legislative text of Ley 4534, sanctioned by the Cámara de Diputados de la Provincia, detailing the authorization, conditions, and redemption terms of the Bono de Cancelación de Deuda up to the sum of ten billion australes. The denomination numeral 10 appears at upper left, and the vertical legend DIEZ AUSTRALES runs along the right margin. A barcode panel and geometric color blocks matching the obverse design are positioned at the far right edge. |
| Reverse lettering | PROVINCIA DE LA RIOJA - BONO CANCELACION DE DEUDA - LEY 4534 LA CAMARA DE DIPUTADOS DE LA PROVINCIA, SANCIONA CON FUERZA DE LEY: Diez Australes 10 PRORROGADO POR LEY 4769/88 - DECRETO 310/810 |
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| Comments |
La Rioja's austral notes were issued under provincial emergency powers at a moment when Argentina's national monetary system was already buckling. The austral itself had only been introduced federally in June 1985 as part of the Alfonsín government's Austral Plan — a shock stabilization attempt — so a province printing its own denominated paper within the same unit barely a year later signals how quickly that plan was losing credibility at the regional level.
Casa de Moneda printed the note, meaning this is one of the few quasi-fiscal provincial emissions with the imprimatur of the national mint behind it — an awkward arrangement that reflects the fiscal desperation of underfunded interior provinces rather than any formal monetary authorization.