Catalog
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| Issuer | Provincia de Tucumán |
|---|---|
| Year | 1987-1988 |
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| Shape | Rectangular |
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| Obverse description | The obverse is printed in rose and pink tones on a fine guilloche underprint, with the provincial coat of arms as a central vignette flanked by ornamental rosettes at left and right. The denomination numeral "5" appears within a stylized cartouche at the upper right, while the value "Cinco Australes" is repeated in the lower left and lower right corners. Two manuscript signatures appear below the coat of arms, attributed to the Minister of Economy and the Governor of Tucuman. |
|---|---|
| Obverse lettering | PROVINCIA DE TUCUMAN `BONOS DE CANCELACION DE DEUDAS` SERIE D LEY N° 5728 AL PORTADOR - FECHA DE CADUCIDAD: 30 DE NOVIEMBRE DE 1991 Cinco Australes JARDIN DE LA REPUBLICA Cinco Australes (Translation: PROVINCE OF TUCUMAN `DEBT CANCELLATION BONDS` SERIES D LAW N° 5728 TO THE BEARER - EXPIRY DATE: NOVEMBER 30, 1991 Five Australes GARDEN OF THE REPUBLIC Five Australes) |
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| Comments |
Tucumán's provincial austral notes were a direct consequence of the Austral Plan's failure to stabilize Argentina's economy. By 1987, coin shortages had become acute enough that individual provinces began issuing their own quasi-currency — technically cuasi-moneda — to keep local commerce moving. These circulated alongside national currency under a tacit federal tolerance that reflected just how badly central monetary authority had eroded.
Tucumán's issues were among the earlier provincial emissions of the period, predating the more notorious bonos of the 2001–2002 crisis by over a decade.