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PatacĂłn (bond)



The PatacĂłn (officially called Letra de TesorerĂ­a para CancelaciĂłn de Obligaciones de la Provincia de Buenos Aires) was a bond issued by the government of the province of Buenos Aires, Argentina, during 2001. The patacones were used to pay government bills, including state employees' salaries during a period when the economic crisis caused regular currency (Argentine pesos) to be scarce.



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