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50 Pesos

Issuer Tesorería de la Provincia de Buenos Aires
Year 2002
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Shape Rectangular
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Obverse description Portrait of Dardo Rocha at right, with guilloche underprint in pale rose and blue. Upper-left corner bears the Argentine coat of arms; serial number appears twice. Text identifies this as a Letra de Tesorería para Cancelación de Obligaciones (Patacón) under Ley N° 12.727.
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Reverse description Architectural column vignette at left on a guilloche background in blue and pink tones. The centre panel carries the full text of Articles 1°, 7°, 8°, and 11° of Ley N° 12.727, establishing the emergency issuance conditions for the Patacón bonds. Denomination numerals "50" appear in blue at upper-left and upper-right corners.
Reverse lettering LEY N° 12.727
ARTICULO 1°: "Declárese en estado de emergencia administrativa, económica y financiera al Estado Provincial..."
ARTICULO 7°: "Apruébase la emisión de Letras de Tesorería para Cancelación de Obligaciones, las que se denominarán "Patacón"..."
ARTICULO 8°: "Las Letras de Tesorería para Cancelación de Obligaciones pagarán el ciento siete por ciento (107%) de su valor nominal el 25 de julio de 2002..."
ARTICULO 11°: "El pago efectuado al acreedor mediante Patacones o Bonos de Cancelación de Obligaciones, importará la extinción irrevocable de los créditos por los que se efectúa la entrega."
50 PESOS
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