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10 Pesos

Issuer Provincia de Tucumán
Year 2003
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Value 10 Pesos
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Reverse description The reverse is printed entirely in green on white paper and consists of dense legal text in Spanish arranged in six numbered articles, setting out the conditions and legal basis of the bond issue under Ley 5728, modified by Leyes 5866 and 6969. The denomination $10 appears in large numerals at lower left, and the title PROVINCIA DE TUCUMAN – BONOS DE CANCELACION DE DEUDAS / LEY 5728 MODIFICADA POR LEYES 5866 Y 6969 is set at the top. A vertical green guilloche border strip runs along the right edge of the note.
Reverse lettering PROVINCIA DE TUCUMAN – BONOS DE CANCELACION DE DEUDAS
LEY 5728 MODIFICADA POR LEYES 5866 Y 6969
$ 10
ARTICULO 1°
ARTICULO 2°
ARTICULO 3°
ARTICULO 4°
ARTICULO 5°
ARTICULO 6°
DECRETO N° 23/8 (MES) 1999
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Comments

Argentina's provincial bond notes — the so-called "cuasimonedas" — emerged from the 2001–2002 financial collapse, when the federal government froze bank deposits and provinces lost access to central bank financing. Tucumán was among the fourteen provinces that resorted to issuing their own quasi-currency to meet payroll and social obligations. These circulated alongside federal pesos and were nominally redeemable at par, though public confidence varied considerably by province and by date of issue.

Tucumán's series was formally withdrawn and redeemed by 2004 as part of the national consolidation program. Surviving circulated examples typically show heavy use — these were working notes, not saved.

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