Is SGR 0418+5729 Indeed a Waning Magnetar?

SGR 0418+5729 is a transient soft gamma-ray repeater which underwent a major outburst in 2009 June, during which the emission of short bursts was observed. Its properties appeared quite typical of other sources of the same class until long-term X-ray monitoring failed to detect any period derivative. The present upper limit on \dot{P} implies that the surface dipole field is Bp <~ 7.5 × 1012 G, well below those measured in other soft gamma-ray repeaters (SGRs) and in the Anomalous X-ray Pulsars (AXPs), a group of similar sources. Both SGRs and AXPs are currently believed to be powered by ultra-magnetized neutron stars (magnetars, Bp ≈ 1014-1015 G). SGR 0418+5729 hardly seems to fit in such a picture. We show that the magneto-rotational properties of SGR 0418+5729 can be reproduced if this is an aged magnetar, ≈1 Myr old, which experienced substantial field decay. The large initial toroidal component of the internal field required to match the observed properties of SGR 0418+5729 ensures that crustal fractures, and hence bursting activity, can still occur at the present time. The thermal spectrum observed during the outburst decay is compatible with the predictions of a resonant Compton scattering model (as in other SGRs/AXPs) if the field is low and the magnetospheric twist is moderate.