On the metric operator for the imaginary cubic oscillator

We show that the eigenvectors of the PT-symmetric imaginary cubic oscillator are complete, but do not form a Riesz basis. This results in the existence of a bounded metric operator having intrinsic singularity reflected in the inevitable unboundedness of the inverse. Moreover, the existence of nontrivial pseudospectrum is observed. In other words, there is no quantum-mechanical Hamiltonian associated with it via bounded and boundedly invertible similarity transformations. These results open new directions in physical interpretation of PT-symmetric models with intrinsically singular metric, since their properties are essentially different with respect to self-adjoint Hamiltonians, for instance, due to spectral instabilities.