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Q: Why do you think the Gol Linhas stock offering was oversubscribed?
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What is corporate bond oversubscribed?

'Oversubscribed' means that when they were issuing (selling for the first time) the bonds, more people wanted to buy more bonds than were available, so some missed out. What do you think the people who missed out will do when they start trading in th market? They'll probably buy them and push the price up, so being 'oversubscribed', or better, 'heavily oversubscribed' is a good thing in the short term for those investors who did get some of the securities.


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