The structural chemistry and magnetochemical behaviour of the ternary borides (RECo 2B 2) have been investigated. All compounds (RE Y, La, Pr, Nd, Sm, Gd, Tb, Dy, Ho or Er) were found to be isotypic. From X-ray powder diffraction (Guinier) data the body-centred crystal symmetry and atom order were confirmed in all cases (ThCr 2Si 2-type structure, space group I4/ mmm). Non-stoichiometry (cobalt deficiency) was revealed by quantitative electron microprobe analysis for TbCo 1.92B 2 and HoCo 1.96B 2. There were no indications of the existence of the phases “CeCoB 3” and “CeCo 2B 2” either in the as-cast alloys or in the samples annealed at 800 °C or 1000 °C respectively. The phase stability for the incongruently melting borides (Pr,Nd,Sm)Co 2B 2 is limited to T < 950 °C. The magnetic properties of these alloys were studied in the temperature range 1.5 K < T< 900 K and in fields up to 10 T revealing a typical Van Vleck paramagnetism of free RE 3+ ions at temperatures T > 200 K. The magnetic results for SmCo 2B 2 ( μ eff = 1.76 μ B) compare well with the ideal Van Vleck behaviour of Sm 3+ ions with a J = 5 2 ground state and a lowlying excited first level, J = 7 2 . Magnetic susceptibilities of (Y,La)Co 2B 2 are practically temperature independent. At temperatures below 30 K antiferromagnetic ordering is found for RE ≡ Tb ( T M = 13 K), Dy (9.3 K), Ho (8.5 K) and Er (3.3 K), whereas the borides (Pr,Nd,Gd)Co 2B 2 order ferromagnetically at T M = 19.5 K, 28 K and 26.5 K respectively. Substitution of silicon by boron was investigated along the isopleths RECo 2B 2 − x Si x (ThCr 2Si 2-type structure) and RECoSi 3 − x B x (BaNiSn 3-type structure) for RE ≡ Y, Ce. Whereas a rather restricted mutual solid solubility resulted for the YCo 2Si 2 − x B x alloys, boron was practically insoluble in CeCoSi 3. From the magnetic behaviour of CeCoSi 3 at low temperatures, a non-magnetic cerium ground state is proposed, which was interpreted in terms of the interconfiguration fluctuation (ICF) model ( T SF = 230 K, E EX = 630 cm −1).