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      <liveTestFlag>LIVE</liveTestFlag>
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        <issuerCredentials>
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    <generalInfo reportEndingPeriod="2025-06-30" isReportPeriodLt12="N"/>
    <registrantInfo>
      <registrantFullName>North Carolina Capital Management Trust</registrantFullName>
      <investmentCompFileNo>811-03455</investmentCompFileNo>
      <registrantCik>0000702149</registrantCik>
      <registrantLei>549300HMDKYVMCXEMG50</registrantLei>
      <registrantstreet1>245 Summer Street</registrantstreet1>
      <registrantcity>Boston</registrantcity>
      <registrantzipCode>02210</registrantzipCode>
      <registrantstate>US-MA</registrantstate>
      <registrantcountry>US</registrantcountry>
      <registrantphoneNumber>1-800-FIDELITY</registrantphoneNumber>
      <websites>
        <website webpage="institutional.fidelity.com/nccmtnet"/>
      </websites>
      <locationBooksRecords>
        <locationBooksRecord>
          <officeName>Fidelity Service Company</officeName>
          <officeAddress1>245 Summer Street</officeAddress1>
          <officeCity>BOST</officeCity>
          <officeStateCountry officeCountry="US" officeState="US-MA"/>
          <officeRecordsZipCode>02210</officeRecordsZipCode>
          <officePhone>1-800-FIDELITY</officePhone>
          <booksRecordsDesc>Books and Records of the Fund as required to be maintained by the Investment Company Act</booksRecordsDesc>
        </locationBooksRecord>
      </locationBooksRecords>
      <isRegistrantFirstFiling>N</isRegistrantFirstFiling>
      <isRegistrantLastFiling>N</isRegistrantLastFiling>
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      <isSecuritiesActRegistration>Y</isSecuritiesActRegistration>
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        <director>
          <directorName>Mark Trogdon</directorName>
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        <director>
          <directorName>Robert Litterst</directorName>
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        <director>
          <directorName>Arrington H Mixon</directorName>
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        <director>
          <directorName>Cynthia L Strauss</directorName>
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        <director>
          <directorName>John H Grigg</directorName>
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      <chiefComplianceOfficers>
        <chiefComplianceOfficer>
          <ccoName>Joshua Gould</ccoName>
          <crdNumber>N/A</crdNumber>
          <ccoStreet1>ONE SPARTAN WAY</ccoStreet1>
          <ccoCity>MERRIMACK</ccoCity>
          <ccoStateCountry ccoCountry="US" ccoState="US-NH"/>
          <ccoZipCode>03054-4300</ccoZipCode>
          <ccoPhone>XXXXXX</ccoPhone>
          <isCcoChangedSinceLastFiling>N</isCcoChangedSinceLastFiling>
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            <ccoEmployer ccoEmployerName="N/A" ccoEmployerId="N/A"/>
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      <isPreviousLegalProceeding>N</isPreviousLegalProceeding>
      <isPreviousProceedingTerminated>N</isPreviousProceedingTerminated>
      <isClaimFiled>N</isClaimFiled>
      <coveredByInsurancePolicy isCoveredByInsurancePolicy="Y" isClaimFiledDuringPeriod="N"/>
      <isFinancialSupportDuringPeriod>N</isFinancialSupportDuringPeriod>
      <releaseNumbers isExemptionFromAct="Y">
        <releaseNumberInfo releaseNumber="IC-19647"/>
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        <principalUnderwriter>
          <principalUnderwriterName>Fidelity Distributors Company LLC</principalUnderwriterName>
          <principalUnderwriterFileNumber>8-35097</principalUnderwriterFileNumber>
          <principalUnderwriterCrdNumber>000017507</principalUnderwriterCrdNumber>
          <principalUnderwriterLei>N/A</principalUnderwriterLei>
          <principalUnderWriterStateCountry principalUnderWriterCountry="US" principalUnderWriterState="US-RI"/>
          <isPrincipalUnderwriterAffiliatedWithRegistrant>Y</isPrincipalUnderwriterAffiliatedWithRegistrant>
        </principalUnderwriter>
      </principalUnderwriters>
      <isUnderwriterHiredOrTerminated>N</isUnderwriterHiredOrTerminated>
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        <publicAccountant>
          <publicAccountantName>PricewaterhouseCoopers LLP</publicAccountantName>
          <pcaobNumber>238</pcaobNumber>
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          <publicAccountantStateCountry publicAccountantCountry="US" publicAccountantState="US-MA"/>
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      <isMaterialWeakness>N</isMaterialWeakness>
      <isOpinionOffered>N</isOpinionOffered>
      <isMaterialChange>N</isMaterialChange>
      <isAccountingPrincipleChange>N</isAccountingPrincipleChange>
      <isPaymentErrorInNetAssetValue>N</isPaymentErrorInNetAssetValue>
      <isPaymentDividend>N</isPaymentDividend>
    </registrantInfo>
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      <managementInvestmentQuestion>
        <mgmtInvFundName>North Carolina Capital Management Trust - Government Portfolio</mgmtInvFundName>
        <mgmtInvSeriesId>S000007506</mgmtInvSeriesId>
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        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="North Carolina Capital Management Trust - Government Portfolio" sharesOutstandingClassId="C000020486" sharesOutstandingTickerSymbol="NCCTX"/>
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        <fundTypes>
          <fundType>Money Market Fund</fundType>
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        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>0.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 17e-1 (17 CFR 270.17e-1)</relyOnRuleType>
          <relyOnRuleType>Rule 17a-7 (17 CFR 270.17a-7)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Fidelity Management &amp; Research Company LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-7884</investmentAdviserFileNo>
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          <subAdviser>
            <subAdviserName>FMR Investment Management (UK) Limited</subAdviserName>
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          <subAdviser>
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        <transferAgents>
          <transferAgent>
            <transferAgentName>Fidelity Investments Institutional Operations Company LLC</transferAgentName>
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            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
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      <isIPAReportInternalControl>true</isIPAReportInternalControl>
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    <signature registrantSignedName="North Carolina Capital Management Trust" signedDate="2025-09-09" signature="Laura M. Del Prato" title="President and Treasurer"/>
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