N-conserving Bogoliubov vacuum of a two component Bose-Einstein condensate: Density fluctuations close to a phase separation condition

Two-component Bose-Einstein condensates are considered within a number conserving version of the Bogoliubov theory. We show that the Bogoliubov vacuum state can be obtained in the particle representation in a simple form. We predict considerable density fluctuations in finite systems close to the phase-separation regime. We analyze homogeneous condensates and condensates in a double-well potential.