Magnetic powder, manufacturing method of magnetic powder and bonded magnets

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Disclosed herein is a magnetic powder which can provide magnets having excellent magnetic properties and having excellent reliability especially excellent heat stability. The magnetic powder is composed of an alloy composition represented by Rx(Fe1−aCoa)100−x−y−zByMz (where R is at least one kind of rare-earth element excepting Dy, M is at least one kind of element selected from Ti, Cr, Nb, V, Mo, Hf, W, Mn, Zr and Dy, x is 7.1-9.9 at %, y is 4.6-8.0 at %, z is 0.1-3.0 at %, and a is 0-0.30), and the magnetic powder being constituted from a composite structure having a soft magnetic phase and a hard magnetic phase, wherein when the magnetic powder is mixed with a binding resin and then the mixture is subjected to injection molding or extrusion molding to form a bonded magnet having a density ρ[Mg/m3], the maximum magnetic energy product (BH)max[kJ/m3] of the bonded magnet at a room temperature satisfies the relationship represented by the formula (BH)max/ρ2[×10−9J·m3/g2]≧2.10, and the intrinsic coercive force HCJ of the bonded magnet at a room temperature is in the range of 400-760 kA/m.