THE first example of a new type of transient X-ray source recently app
eared in the direction of the Galactic Centre(1), During the peak of i
ts outburst, the new source, GRO J1744 - 28, was very bright in X-rays
(2) and produced both 2.1-Hz periodic pulsations(3) and intense bursts
lasting tens of seconds(1,4). Before the discovery of this source, it
was thought that X-ray stars could not display these different types
of activity simultaneously. Here we discuss the nature of the source,
which seems to be a strongly magnetic neutron star accreting matter fr
om a low-mass companion star in a low-inclination orbit. The dipole co
mponent of its magnetic field is less than or similar to 10(11) G. Whe
n the source was at its brightest, its X-ray luminosity between bursts
was close to the Eddington critical luminosity(5), at which the outwa
rd force of the escaping radiation balances the inward force of gravit
y. The X-ray bursts probably occur when matter that has accumulated in
the inner part of the accretion disk briefly overcomes the forces tha
t oppose its inflow, and the gas falls onto the neutron star.