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5 Pesos
| Issuer | Provincia de Río Negro |
|---|---|
| Year | 1995-1996 |
| Type | Local banknote |
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| Obverse description | Provincial coat of arms vignette at left, with a large numeral '5' in the centre and a floral guilloche underprint in light tones across the entire face. The denomination 'CINCO PESOS' appears below the numeral, with the issuing authority title 'PROVINCIA DE RIO NEGRO' across the top and 'CERTIFICADOS DE DEUDA DE LA PROVINCIA DE RIO NEGRO' at upper right. Series designation 'CEDERN - SERIE D', issue date, and two manuscript signatures with titles appear along the lower portion. |
|---|---|
| Obverse lettering | PROVINCIA DE RIO NEGRO DECRETO LEY 9/95 AL PORTADOR CERTIFICADOS DE DEUDA DE LA PROVINCIA DE RIO NEGRO 5 CINCO PESOS CEDERN - SERIE D FECHA DE EMISION: 04 - 12 - 95 (Translation: PROVINCE OF RIO NEGRO DECREE LAW 9/95 TO THE BEARER DEBT CERTIFICATES OF THE PROVINCE OF RIO NEGRO 5 FIVE PESOS CEDERN - SERIES D ISSUE DATE: 04 - 12 - 95) |
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| Comments |
Río Negro was one of several Argentine provinces forced to issue quasi-money during the fiscal crises of the 1990s, when provincial governments lost access to federal transfers and could no longer meet payroll. These notes — technically "bonds" or "títulos" but used as everyday currency — circulated alongside federal pesos at face value, accepted by provincial employees and local merchants as a matter of practical necessity rather than legal obligation.
Printed by Casa de Moneda in Buenos Aires, this issue carries the institutional credibility of the national mint while remaining a provincial liability — a distinction that mattered considerably when redemption time came and some provinces settled at a discount.