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| 正面描述 | The obverse carries the provincial coat of arms of Corrientes as a vignette to the right, rendered in fine engraved detail with guilloche underprint across the field. The upper portion bears the issuing authority title and full denomination legend, with emission date, amortization date, and series letter printed in the centre. Two manuscript signature lines appear at the lower centre, attributed to the Ministro de Hacienda y Finanzas and the Interventor Federal de la Provincia de Corrientes, with the serial number repeated at lower left and upper right. |
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| 背面铭文 | CERTIFICADOS DE CANCELACION DE OBLIGACIONES DE LA PROVINCIA DE CORRIENTES (CECACOR) DECRETO - LEY 1/99, 34/00, 106/00 y 114/01 Artículo 28°... Artículo 29°... Artículo 31°... Artículo 32°... Artículo 34°... CORRIENTES, 30 DE DICIEMBRE DE 1999 (Translation: CERTIFICATES OF CANCELLATION OF OBLIGATIONS OF THE PROVINCE OF CORRIENTES (CECACOR) DECREE - LAW 1/99, 34/00, 106/00 and 114/01 Article 28... Article 29... Article 31... Article 32... Article 34... CORRIENTES, 30 DECEMBER 1999) |
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Corrientes issued its own provincial bonds — legally framed as "Letras de Tesorería" — during Argentina's broader fiscal collapse, when several provinces effectively printed quasi-currency to pay public employees and suppliers after losing access to federal transfers. Corrientes was among the most financially troubled provinces at the turn of the millennium, having been placed under federal intervention in late 2001 following a prolonged budget crisis that predated the national default.
Casa de Moneda's involvement lent these notes physical credibility they arguably didn't deserve given the province's insolvency at time of issue.