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Olympia, WA 98507-9033. 360-902-8760. Problems in Identifying Functions of Government.A government-sponsored enterprise (GSE) is a quasi-governmental entity established to enhance the flow of credit to specific sectors of the U.S. economy. Provinces, regions, states, and cities issue bonds called non-sovereign bonds or non-sovereign government bonds. The issues associated with quasi official agencies tend to be related to their legal status. Registration fees may be waived or reduced for government lobbyists. Similarly, central banks may issue bills or sell foreign currency to absorb liquidity and vice versa. This page introduces quasi-public entities and reporting requirements per HB 2946 (2017). A governmental entity may rely on information published under this section to meet the requirements of Section 2252.002. Governments, corporations and municipalities issue bonds when they need capital.