The ground-state magnetic moment, g K factor and quenching spin gyromagnetic ratio have been calculated using the microscopic method based on the Quasiparticle Phonon Nuclear Model(QPNM) for155-169 Ho nuclei for the first time. It is shown that the residual spin-spin interactions are responsible for the core polarization,and because of the core polarization the spin gyromagnetic factors are quenched. By considering the core polarization effects, a satisfactory agreement is obtained for the computed ground state g K factor, which gives an intrinsic contribution to the magnetic moments. In order to assess the collective contribution to the magnetic moments, the rotational gyromagnetic factors g R have been also calculated within the cranking approximation using the single particle wave function of the axially symmetric Woods-Saxon potential. For the ground-state magnetic moments of odd-proton155-165 Ho nuclei, a good description of the experimental data is obtained with an accuracy of 0.01–0.1μN. From systematic trends, the quenching spin gyromagnetic factor, g K factor and magnetic moment have also been theoretically predicted for167,169 Ho where there is no existing experimental data. The ground-state magnetic moment, g K factor and quenching spin gyromagnetic ratio have been calculated using the microscopic method based on the Quasiparticle Phonon Nuclear Model (QPNM) for 155-169 Ho nuclei for the first time. It shows shown the residual spin- spin interactions are responsible for the core polarization, and because of the core polarization the spin gyromagnetic factors are quenched. By considering the core polarization effects, a satisfactory agreement is obtained for the computed ground state g K factor, which gives an intrinsic contribution to the In order to assess the collective contribution to the magnetic moments, the rotational gyromagnetic factors g R have been also calculated within the cranking approximation using the single particle wave function of the axially symmetric Woods-Saxon potential. For the ground-state magnetic moments of odd-proton 155-165 Ho nuclei, a good description of the experimental data is obtained with an accuracy of 0. 01-0.1 μN. From systematic trends, the quenching spin gyromagnetic factor, g K factor and magnetic moment have also beentically predicted for 1677, 169 Ho where there is no existing experimental data.