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10 Pesos
| Issuer | Provincia de Córdoba |
|---|---|
| Year | 2001-2002 |
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| Composition | Paper |
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| Obverse lettering | PROVINCIA DE CORDOBA REPUBLICA ARGENTINA LETRAS DE CANCELACION DE OBLIGACIONES PROVINCIALES DE CORDOBA (LECOP CORDOBA) AL PORTADOR DIEZ PESOS VALOR NOMINAL VENCIMIENTO 31 DE MARZO DEL 2005 (Translation: PROVINCE OF CORDOBA ARGENTINE REPUBLIC LETTERS OF CANCELLATION OF PROVINCIAL OBLIGATIONS OF CORDOBA (LECOP CORDOBA) TO THE BEARER TEN PESOS NOMINAL VALUE EXPIRY 31 MARCH 2005) |
| Reverse description | The reverse is printed in pale green on a lightly textured background, with the central field occupied by four excerpts from the authorising provincial decree set in small serif type. The heading 'LECOP CORDOBA' and decree reference appear in bold at the top centre. A large numeral '10' in green is printed at the upper right, with the provincial coat of arms in olive-green at the lower right. |
| Reverse lettering | LECOP CORDOBA (Decreto N° 2600/01) Artículo 1°: CREANSE las letras de cancelación de obligaciones provinciales como instrumentos de pago legalmente previstos para la extinción de las obligaciones de cualquier naturaleza del sector público provincial. Artículo 2°: LOS instrumentos de pago creados por el artículo anterior se denominarán LETRAS DE CANCELACION DE OBLIGACIONES PROVINCIALES DE CORDOBA (LECOP CORDOBA). Artículo 7°: LOS pagos efectuados a los acreedores mediante la entrega de las LECOP CORDOBA importará la extinción irrevocable de los créditos por cuya causa se formalizó la entrega. Artículo 8°: LAS LECOP CORDOBA se emitirán (...) a treinta y seis (36) meses de plazo y devengarán un interés anual del siete por ciento (7%). El total del capital se amortizará al vencimiento del plazo señalado. El pago de los intereses se efectuará en cuatro (4) cuotas trimestrales, con vencimiento - la primera de ellas - a los veintisiete (27) meses de la fecha de emisión. (Translation: LECOP CORDOBA (Decree No. 2600/01) Article 1: The letters of cancellation of provincial obligations are hereby created as legally foreseen payment instruments for the extinction of obligations of any nature of the provincial public sector. Article 2: The payment instruments created by the preceding article shall be called LETTERS OF CANCELLATION OF PROVINCIAL OBLIGATIONS OF CORDOBA (LECOP CORDOBA). Article 7: Payments made to creditors through delivery of LECOP CORDOBA shall constitute the irrevocable extinction of the credits for which such delivery was formalised. Article 8: LECOP CORDOBA shall be issued (...) for a term of thirty-six (36) months and shall accrue annual interest of seven per cent (7%). The total principal shall be amortised at maturity of the stated term. Interest payments shall be made in four (4) quarterly instalments, the first of which falling due twenty-seven (27) months from the date of issue.) |
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