In this paper, we study structural and spectral features of linear systems of equations arising from Galerkin approximations ofH(curl) elliptic variational problems, based on the Isogeometric Analysis (IgA) approach. Such problems arise in Time Harmonic Maxwell and Magnetostatic problems, as well in the preconditioning of MagnetoHydroDynamics equations, and lead to large linear systems, with different and severe sources of ill-conditioning. First, we consider a compatible B-splines discretization based on a discrete de Rham sequence and we study the structure of the resulting matrices A n . It turns out that A n shows a two-by-two pattern and is a principal submatrix of a two-by-two block matrix, where each block is two-level banded, almost...