In-Plane and Out-of-Plane Optical Properties of NdBa2Cu3Ox Single Crystals close to x = 7.0

We present results of reflectivity measurements with E parallel to c and E perpendicular to c on NdBa2Cu3Ox (Nd123) single crystals close to full oxygen doping. Along the c-axis the optical conductivity shows a well developed absorption band around 450 cm^-1 at all temperatures. The in-plane optical properties are dominated by crystal-field excitations at low energies, a prominent step at 400 cm^-1 and a weaker feature between 500 - 550 cm^-1. A comparison of the c-axis optical conductivity and the in-plane scattering rate with neutron scattering derived spin susceptibility spectra suggests that the in-plane and out-of-plane anomalies are caused by the same mechanism, probably electron--spin scattering.