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5 Pesos
| Issuer | Provincia de Tucumán |
|---|---|
| Year | 1999 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Paper |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | PROVINCIA DE TUCUMAN BONOS DE CANCELACION DE DEUDAS LEY N° 5728 AL PORTADOR MINISTRO DE HACIENDA GOBERNADOR CUNA DE LA INDEPENDENCIA $5 CINCO PESOS SERIE B FECHA DE CADUCIDAD 31 DE DICIEMBRE DE 1999 CASA DE MONEDA |
| Reverse description | The reverse is printed primarily in black on white stock and contains dense typeset legal text in Spanish setting out the articles governing the Bonos de Cancelación de Deudas under Ley 5728 as modified by Leyes 5866 and 6678, together with Decreto N° 948/3 (M.H.) – 1996. The denomination numeral 5 appears in large format at left in a green guilloche panel. A blue security logo is printed at upper right. |
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| Comments |
Tucumán's provincial emergency currency issues of the late 1990s emerged from a brutal fiscal squeeze — the convertibility regime pegged the peso to the dollar at parity, which meant provinces starved of federal transfers could not devalue their way out of deficits. Tucumán was among the most distressed, and these quasi-monedas circulated alongside national currency as a parallel instrument for paying provincial employees and suppliers.
The broader series of Argentine provincial bonds-cum-banknotes from this period is sometimes catalogued inconsistently across Pick, and PS references for Tucumán's 1999 issues remain sparsely documented in the standard literature.