The substrate bias dependence of the uniaxial anisotropy Ku in sputtered Ho//xCo//1// minus //x films has been studied in the bias voltage range 0 to minus 100 v. K//u is almost constant in the V//b range 0 approximately minus 50 v and increases abruptly above minus 50 v, as in the case of Tb-Co. The increment of K//u between minus 50 and minus 100 v in Ho-Co is about one third of that of Tb-Co; this can be understood under the assumption that K//u originates from an anisotropic 4f electron cloud. The magneto-optic Kerr spectra of Ho-Co films prepared by co-evaporation have also been measured in the wavelength range 250 to 700 nm. In the short-wavelength region, the Kerr rotation of Ho-Co decreases with decreasing wavelength and approaches zero more rapidly than in the case of Y-Co. This is considered to be due to a negative contribution of Ho to the Kerr rotation of Ho-Co.