Effect of intraband Coulomb repulsion on the excitonic spin-density wave

We present a study of the magnetic ground state of a two-band model with nested electron and hole Fermi surfaces and both interband and intraband Coulomb interactions. Our aim is to understand how the excitonic spin-density-wave (ESDW) state induced by the interband Coulomb repulsion is affected by the intraband interactions. We first determine the magnetic instabilities of our model in an unbiased way by employing the random-phase approximation (RPA) to calculate the static spin susceptibility in the paramagnetic state. From this, we construct the mean-field phase diagram, demonstrating the robustness of the ESDW against the intraband interaction. We then calculate the RPA transverse spin susceptibility in the ESDW state and show that the intraband Coulomb repulsion significantly renormalizes the paramagnon line shape and suppresses the spin-wave velocity. We conclude with a discussion of the relevance of this suppression for the commensurate ESDW state of Mn-doped Cr alloys.