Debentures can be...................like shares.

Oversubscribed Undersubscribed Fully subscribed All of these

All of these

Debentures can be oversubscribed (when more people want to buy them than are available), undersubscribed (when not all of them are sold), or fully subscribed (when all of the available debentures are sold exactly as planned). The subscription status depends on investor demand and the terms of the debenture issuance.