X-ray Magnetic Circular Dichroism (XMCD) measurements of the Ruddlesden-Pop
per Phase La1.2Nd0.2Sr1.6Mn2O7 are reported. The Mn K, La and Nd L-2,L-3 ed
ges have been measured on a powder sample at two different magnetic fields
at low temperature. The analysis of the spectra at B = 1T indicates a large
orbital moment of the Nd 5d-states and a significant spin-polarization of
the La 5d-band. Furthermore at the Mn K-edge a XMCD-signal is observed, sho
wing a polarization of the Mn 4p-band. At lower field (0.2T) all XMCD-signa
ls are about two times smaller corresponding to the lower total magnetizati
on. The signal at the Nd L-2 edge vanishes completely at 0.2T.