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2 Pesos
| Issuer | Provincia de Formosa |
|---|---|
| Year | 2001 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Rectangular |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is printed in black on plain white paper and carries the full legal text of the bond decree, structured in numbered articles. The heading identifies the issuer and the enabling legislation, followed by detailed regulatory articles governing the use, acceptance, and guarantee of the bonds by provincial entities and contractors. The text is dense and typeset in a small serif font across the full surface of the note, with no pictorial vignette. |
| Reverse lettering | PROVINCIA DE FORMOSA BONOS DE CANCELACIÓN DE DEUDAS Leyes N°s 1.296 y 1.342 - Decreto N° 558/01 ARTICULO 1° ARTICULO 5° ARTICULO 8° ARTICULO 9° ARTICULO 11° ARTICULO 15° |
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| Comments |
Formosa is one of the poorest provinces in Argentina, and its 2001 emergency note was issued precisely because the convertibility system — which had pegged the peso to the dollar at par since 1991 — was strangling provincial finances. Provinces across Argentina began printing their own quasi-currencies that year as the federal government restricted their access to funds. These notes, collectively known as "patacones" in Buenos Aires or by local names elsewhere, circulated as wages and were accepted for provincial tax payments.
Formosa's series is among the less documented of the provincial emissions, which makes clean attribution to specific print runs difficult.