We present a method for extracting the magnetic parameters of a soft magnetic Co-based alloy (Co/sub 68.25/Fe/sub 4.5/Si/sub 12.25/B/sub 15/) in the high-frequency regime (100 MHz-2.5 GHz). The method uses the magnetic sample (as-cast ribbon) as the conductor of a terminated microstrip transmission line. It uses the complex propagation constant of the line, obtained from open/short circuit input impedance measurements, to extract the per-unit-length series impedance. It then uses a theoretical model, based on the distributed parameters and the skin effect, to extract the bulk transverse relative permeability. The model considers the geometrical configuration of the magnetic conductor (ribbon) when determining the series impedance as well as the complex transverse relative permeability (/spl mu//sub tr/=/spl mu/'/sub tr/-j /spl mu/''/sub tr/). We report on the effect of applying and varying an external dc magnetic field.