NORTH CAROLINA CAPITAL MANAGEMENT TRUST
NSAR-A, 1997-02-28
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<PAGE>      PAGE  1
000 A000000 12/31/96
000 C000000 0000702149
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 THE NORTH CAROLINA CAPITAL MANAGEMENT TRUST
001 B000000 811-3455
001 C000000 9725844081
002 A000000 82 DEVONSHIRE STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 CASH PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 TERM PORTFOLIO
007 C030200 N
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
011 A00AA01 FIDELITY DISTRIBUTORS CORPORATION
011 B00AA01 8-8775
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02109
011 A00AA02 STERLING CAPITAL DISTRIBUTORS, INC.
011 B00AA02 8-27798
011 C01AA02 CHARLOTTE
011 C02AA02 NC
011 C03AA02 28246
012 A00AA01 FIDELITY INVESTMENTS INST'L. OPERS. CO., INC.
012 B00AA01 84-00216
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02109
<PAGE>      PAGE  2
014 A00AA01 FIDELITY DISTRIBUTORS CORPORATION
014 B00AA01 8-8775
014 A00AA02 FIDELITY BROKERAGE SERVICES, INC.
014 B00AA02 8-23292
015 A00AA01 FIRST UNION NATIONAL BANK OF NORTH CAROLINA
015 B00AA01 C
015 C01AA01 CHARLOTTE
015 C02AA01 NC
015 C03AA01 28288
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00  240
019 C00AA00 FIDELITYZZ
020 C000001      0
020 C000002      0
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        0
022 A000001 GOLDMAN SACHS & CO.
022 B000001 13-5108880
022 C000001   1100517
022 D000001     60638
022 A000002 LEHMAN BROTHERS INC.
022 B000002 13-2518466
022 C000002    830975
022 D000002     36836
022 A000003 ASSOCIATES CORP. NORTH AMERICA
022 B000003 00-0000000
022 C000003    557671
022 D000003         0
022 A000004 FIRST BOSTON CORP.
022 B000004 13-5659485
022 C000004    453482
022 D000004       296
022 A000005 MORGAN (J.P.) SECURITIES
022 B000005 13-3224016
022 C000005    426110
022 D000005     16701
022 A000006 GENERAL ELECTRIC CORP.
022 B000006 00-0000000
022 C000006    359342
022 D000006         0
022 A000007 MORGAN STANLEY & CO., INC.
022 B000007 13-2655998
<PAGE>      PAGE  3
022 C000007    269937
022 D000007         0
022 A000008 MERRILL LYNCH PIERCE, FENNER & SMITH
022 B000008 13-5674085
022 C000008    204355
022 D000008     26941
022 A000009 IBM CREDIT CORP.
022 B000009 00-0000000
022 C000009    216290
022 D000009         0
022 A000010 CITIBANK N.A.
022 B000010 13-5266470
022 C000010    199466
022 D000010         0
023 C000000   10935656
023 D000000     329453
026 A000000 Y
026 B000000 Y
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<PAGE>      PAGE  4
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054 F00AA00 Y
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054 H00AA00 Y
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054 K00AA00 Y
054 L00AA00 Y
054 M00AA00 Y
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054 O00AA00 Y
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055 B00AA00 N
056  00AA00 Y
057  00AA00 N
058 A00AA00 N
059  00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061  00AA00        0
066 A00AA00 N
067  00AA00 N
068 A00AA00 N
068 B00AA00 N
069  00AA00 N
070 A01AA00 Y
070 A02AA00 Y
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070 C01AA00 N
070 C02AA00 N
070 D01AA00 N
070 D02AA00 N
070 E01AA00 N
070 E02AA00 N
<PAGE>      PAGE  5
070 F01AA00 N
070 F02AA00 N
070 G01AA00 N
070 G02AA00 N
070 H01AA00 N
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 Y
070 J02AA00 N
070 K01AA00 N
070 K02AA00 N
070 L01AA00 N
070 L02AA00 N
070 M01AA00 N
070 M02AA00 N
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070 O01AA00 Y
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070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
077 A000000 N
078  000000 N
008 A000101 FIDELITY MANAGEMENT & RESEARCH COMPANY
008 B000101 A
008 C000101 801-7884
008 D010101 BOSTON
008 D020101 MA
008 D030101 02109
008 A000102 FMR TEXAS INC.
008 B000102 S
008 C000102 801-3720
008 D010102 IRVING
008 D020102 TX
008 D030102 75039
013 A000101 COOPERS & LYBRAND, L.L.P.
013 B010101 DALLAS
013 B020101 TX
013 B030101 75201
024  000100 Y
025 A000101 MORGAN STANLEY & CO., INC.
025 B000101 13-2655998
025 C000101 D
025 D000101   32818
025 A000102 ASSOCIATES CORP. OF NORTH AMERICA
025 B000102 00-0000000
<PAGE>      PAGE  6
025 C000102 D
025 D000102   98386
025 A000103 CITIBANK N.A.
025 B000103 00-0000000
025 C000103 D
025 D000103   11931
025 A000104 GOLDMAN SACHS & CO.
025 B000104 13-5108880
025 C000104 D
025 D000104   51076
025 A000105 GENERAL ELECTRIC CORP.
025 B000105 00-0000000
025 C000105 D
025 D000105  105012
025 A000106 IBM CREDIT CORP.
025 B000106 00-0000000
025 C000106 D
025 D000106   74299
025 A000107 MORGAN (J.P) SECURITIES, INC.
025 B000107 13-3224016
025 C000107 D
025 D000107   23123
025 A000108 MORGAN STANLEY & CO., INC.
025 B000108 13-2655998
025 C000108 D
025 D000108   32818
025 A000109 DELETE
025 D000109       0
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028 D040100    478141
<PAGE>      PAGE  7
028 E010100    672721
028 E020100      7236
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028 G010100   3391383
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028 G030100         0
028 G040100   3034683
028 H000100         0
037  000100 N
038  000100      0
039  000100 N
040  000100 Y
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042 A000100   0
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042 D000100   0
042 E000100   0
042 F000100   0
042 G000100   0
042 H000100   0
043  000100      0
044  000100   1512
049  000100 N
050  000100 N
051  000100 N
052  000100 N
053 A000100 Y
053 B000100 Y
053 C000100 N
062 A000100 Y
062 B000100   0.0
062 C000100  31.3
062 D000100   2.0
062 E000100   0.0
062 F000100   0.0
062 G000100   0.0
062 H000100   0.0
062 I000100  66.7
062 J000100   0.0
062 K000100   0.0
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062 O000100   0.0
062 P000100   0.0
<PAGE>      PAGE  8
062 Q000100   0.0
062 R000100   0.0
063 A000100  47
063 B000100  0.0
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064 B000100 N
071 A000100         0
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072 X000100     3368
072 Y000100        1
072 Z000100    48449
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072DD010100    48449
072DD020100        0
072EE000100        0
073 A010100   0.0257
073 A020100   0.0000
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074 B000100    43620
074 C000100  2097804
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<PAGE>      PAGE  9
074 E000100        0
074 F000100        0
074 G000100        0
074 H000100        0
074 I000100        0
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074 K000100        0
074 L000100        0
074 M000100        0
074 N000100  2141465
074 O000100        0
074 P000100      604
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074 U010100  2139777
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074 V010100     1.00
074 V020100     0.00
074 W000100   0.9999
074 X000100     1226
074 Y000100        0
075 A000100  1883299
075 B000100        0
076  000100     0.00
008 A000201 FIDELITY MANAGEMENT & RESEARCH COMPANY
008 B000201 A
008 C000201 801-7884
008 D010201 BOSTON
008 D020201 MA
008 D030201 02109
013 A000201 COOPERS & LYBRAND, L.L.P.
013 B010201 BOSTON
013 B020201 MA
013 B030201 02110
024  000200 N
025 A000201 DELETE
025 D000201       0
025 A000202 DELETE
025 D000202       0
025 A000203 DELETE
025 D000203       0
025 D000204       0
025 D000205       0
025 D000206       0
025 D000207       0
025 D000208       0
<PAGE>      PAGE  10
028 A010200       285
028 A020200       249
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028 C010200      1208
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028 F030200         0
028 F040200       706
028 G010200      4894
028 G020200      1626
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028 G040200      2951
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037  000200 N
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040  000200 Y
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042 D000200   0
042 E000200   0
042 F000200   0
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044  000200     52
049  000200 N
050  000200 N
051  000200 N
052  000200 N
053 A000200 N
062 A000200 Y
062 B000200  97.2
<PAGE>      PAGE  11
062 C000200   0.0
062 D000200   2.8
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
062 J000200   0.0
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071 A000200     69847
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<PAGE>      PAGE  12
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072CC010200        0
072CC020200      112
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072DD020200        0
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073 A020200   0.0000
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074 U010200     6919
074 U020200        0
074 V010200     9.75
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SIGNATURE   JOHN H. COSTELLO                             
TITLE       ASST. TREASURER     
 


<TABLE> <S> <C>

<ARTICLE> 6
 

<CIK>     0000702149


<NAME>      The North Carolina Capital Management Trust


<SERIES>

        <NUMBER>        11


        <NAME>      Cash Portfolio


<MULTIPLIER>    1,000


       

<S>

<C>

<PERIOD-TYPE>

6-mos


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jun-30-1996


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dec-31-1996


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2,141,424


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2,141,424


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0


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41


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0


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0


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0


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1,726


<SENIOR-EQUITY>

0


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2,139,777


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1,740,358


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0


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36


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0


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0



        



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
 

<CIK>     0000702149


<NAME>      The North Carolina Capital Management Trust


<SERIES>

        <NUMBER>        21


        <NAME>      Term Portfolio


<MULTIPLIER>    1,000


       

<S>

<C>

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6,919


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23


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0


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0


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2,404


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9.820


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 .360


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 .359


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36


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0


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0



        



</TABLE>


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