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2 Pesos
| Issuer | Provincia de Catamarca |
|---|---|
| Year | 2006 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso (1992-date) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | PROVINCIA DE CATAMARCA RECONOCERA POR ESTE TITULO PUBLICO AL PORTADOR LEY 5066 SERIE A PASO INTERNACIONAL DE SAN FRANCISCO DOS PESOS MINISTRO DE HACIENDA Y FINANZAS GOBERNADOR |
| Reverse description | Log in to see details |
| Reverse lettering | TITULOS PUBLICOS AL PORTADOR LEY N° 5066 ARTICULO 14°.- Autorizase al Poder Ejecutivo Provincial a emitir una nueva Serie de Títulos Públicos al Portador creados por Ley N°4748 y sus modificatorias, por hasta la suma de Pesos Veinte Millones ($ 20.000.000.-) ARTICULO 15°.- La Serie de Títulos Públicos al Portador que autoriza la presente Ley, caducará el 30 de noviembre de 2006. A esa fecha serán canjeados a su valor nominal, en moneda de curso legal. Podrán rescatarse anticipadamente. ARTICULO 16°.- La serie de Títulos Públicos al Portador que autoriza la presente Ley, será puesta en circulación únicamente con la denominación equivalente a Dos Pesos ($ 2.-) |
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| Comments |
Catamarca's 2006 emergency quasi-currency belongs to the wave of provincial bonds that proliferated across Argentina during and after the 2001–2002 financial collapse, when the federal government froze bank deposits and the peso's convertibility with the US dollar collapsed entirely. Provinces lacking cash to pay salaries and suppliers began issuing their own instruments — technically bonds redeemable in pesos, but functioning as circulating currency in practice. Catamarca was among the poorer northwestern provinces with limited fiscal reserves, making reliance on these instruments particularly acute.
By 2006, most provinces had already retired their quasi-currencies under federal pressure and debt-swap arrangements. A Catamarca issuance that late is notable — worth investigating whether this represents a genuine late circulation issue or a redemption-period reprint.