A bulk exchange-spring magnet 12, a method of producing the same, and a device 20 incorporating the bulk exchange-spring magnet are disclosed. The magnet includes magnet powders 10 having hard and soft phases, and boron and oxygen atoms which cohere in boundary areas 16 between grains 14 of the densified magnet powders 10. In a production method, the magnet powders 10 are compacted so as to incorporate boron and oxygen atoms into the boundary areas 16 and are heated under a compacted state of the magnet powders at varying operating temperatures for a given time period. This results in formation of a highly densified magnet at a lower potential operating temperature for a shorter time period without the grain growth. The device 20 includes the bulk exchange-spring magnet 12 containing the boron and oxygen atoms cohering between the grains of the densified magnet powders.