[PROBLEM] To provide a wound magnetic core and a method for manufacturing a wound magnetic core permitting improvement of insulation between ribbon layers in a wound magnetic core at which soft magnetic metal ribbon has been wound to form an annular wound body.
[SOLUTION MEANS] A nonmagnetic insulating metal oxide powder is made to adhere to a surface of a soft magnetic metal ribbon having an amorphous structure; this is wound in annular fashion and made into a wound body at which the metal oxide powder intervenes between ribbon layers; the wound body is made to undergo heat treatment in a nonoxidizing atmosphere; the wound body is thereafter subjected to treatment for formation of an oxide film in an oxidizing atmosphere adjusted to be at a temperature lower than that at the heat treatment to cause oxidation of the surface of the soft magnetic metal ribbon; and spaces between ribbon layers at the wound body are moreover impregnated with resin and curing is carried out to fuse the metal oxide powder thereto.