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PROBLEM TO BE SOLVED : To provide a resin composition for a bonded magnet, which hardly decreases strength when exposed to a high-temperature environment for a long period of time, and the bonded magnet using the same.SOLUTION : A resin composition for a bonded magnet includes rare-earth magnetic powder, a thermoplastic resin, and an antioxidant. Characteristically, the antioxidant is substantially made of only a phosphorous antioxidant. The bonded magnet uses the resin composition for the bonded magnet.