Nd2Fe14B/Fe65Co35 hard magnetic ribbons were fabricated by melt-spinning technique using Nd16Fe76B8 and Fe65Co35 pre-alloys as starting materials. The results showed that the formation of the interactive hard/soft nanocomposite with the homogeneous distribution of the Fe-Co phase throughout the Nd2Fe14B matrix provided the Curie temperature (Fe) as high as 747K, the magnetic remanence (Br) of 8.88 kG and the maximum energy product, (BH)max, of 16.75 MG.Oe for the fabricated Nd2Fe14B/Fe65Co35 ribbons at the optimal speed of 25 m/s. In addition, the intrinsic coercivity (iHc) of 9.27 kOe and remanence coercivity (bHc) of 6.94 kOe were found for these ribbons. The roles of the soft Fe65Co35 phase in the increasing of Tc, Br as well as in the (00l) preferred crystallographic orientation of hard magnetic grains on the.free surface side of the fabricated ribbons were also discussed.