Catalog
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| Issuer | Provincia de Corrientes |
|---|---|
| Year | 2001 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | PROVINCIA DE CORRIENTES CERTIFICADOS DE CANCELACIÓN DE OBLIGACIONES DE LA PROVINCIA DE CORRIENTES CECACOR SERIE C SEGUNDA EMISION DIEZ PESOS 10 DECRETO - LEY N° 1/99 AL PORTADOR FECHA DE EMISION: 15/07/2001 AMORTIZACION DE CAPITAL E INTERESES VENCIMIENTO: 15/08/2002 MINISTRO DE HACIENDA Y FINANZAS INTERVENTOR FEDERAL DE LA PROVINCIA DE CORRIENTES |
| Reverse description | The reverse is printed entirely in black on white paper and consists of dense legal text organised in numbered articles. The heading 'CERTIFICADOS DE CANCELACION DE OBLIGACIONES DE LA PROVINCIA DE CORRIENTES (CECACOR) DECRETO - LEY N° 1/99, 34/00, 114/01 Y 134/01; DECRETO N° 776/01' appears at the top in bold capitals, followed by the full statutory provisions governing issuance, interest rates, amortisation, and use of the certificates for payment of provincial obligations. No pictorial vignette is present; the design is purely typographic. |
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| Comments |
Corrientes issued its own quasi-currency during the prolonged Argentine fiscal crisis, when the provincial government was effectively cut off from federal transfers and unable to meet public sector payroll obligations. These notes — formally called "Letras de Cancelación de Deudas del Tesoro" in the broader provincial scrip wave, though Corrientes had its own specific instruments — circulated alongside federal pesos at parity by local convention rather than legal mandate.
The PS# designation without a catalog number reflects how poorly documented the 2001 provincial emergency issues remain. Several Argentine provinces struck similar arrangements that year; Corrientes was among the most financially distressed, having already been under federal intervention.