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100 Australes

Issuer Provincia de La Rioja
Year 1986
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Value 100 Australes
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Obverse description The obverse is dominated by a portrait vignette of Juan Facundo Quiroga on the right side, printed in red-pink tones against a fine guilloche underprint in pink and beige. The upper portion carries the issuer inscription and the bond title in bold letterpress, with series designation, legal reference, and bearer clause below. Two signature lines for the Minister of Finance and the Governor appear at centre-left, with the denomination A100 rendered in large numerals at lower right, and a barcode element with colour-coded security bars at the far left margin.
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Reverse lettering PROVINCIA DE LA RIOJA - BONO CANCELACION DE DEUDA - LEY 4534
LA CAMARA DE DIPUTADOS DE LA PROVINCIA, SANCIONA CON FUERZA DE LEY:
100
Cien Australes
PRORROGADO POR LEY 5111/88 - DECRETO 525/89
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Comments

La Rioja's provincial australes were issued under the emergency financing arrangements that several Argentine provinces adopted in the mid-1980s as the federal government struggled with chronic fiscal shortfalls. These notes functioned as quasi-money — technically obligations of the province rather than legal tender in the national sense, yet accepted locally by administrative necessity. The Casa de Moneda printing is routine for the series, but the inclusion of a barcode as a security feature is worth noting: relatively few provincial emergency issues of this period incorporated machine-readable elements.

La Rioja was among the smaller provincial issuers, and lower-denomination australes from this series circulated hard and survived poorly.

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