4.) 2013 Armenian Bond Deal What was the inherent conflict between the Armenian Finance Minister and the Investment bankers in London what did the numbers look like? How was the maiden bond deal priced? What was the trade-off between a term of seven years vs. a term of ten years, why should this have been an easy decision for the Minister? What is the difference between a bought deal and a best-efforts deal? Was this an investment-grade deal or junk bond issue?