Hubble Space Telescope observations in the F555W and F814W bands are presen
ted of the bulge globular cluster Terzan 1. This highly obscured cluster ha
s the smallest projected distance to the Galactic center among all known gl
obulars. Its colour-magnitude diagram shows a red horizontal branch, which
is typical of metal-rich clusters, combined to a very steep red giant branc
h, which instead is typical of metal-poor clusters. These features make it
similar to the second parameter halo cluster NGC 362. Terzan 1 is therefore
another second parameter cluster in the Galactic bulge, and the first one
in the bulge combining a steep red giant branch with a red horizontal branc
h. As in the case of NGC 362, these features of the colour-magnitude diagra
m can be accounted for by the cluster being similar to 2 Gyr younger than o
ther clusters with the same metallicity but showing a blue horizontal branc
h. These findings demonstrate that second parameter effects are not confine
d to the Galactic hare, but are actually encountered at all galactocentric
distances. Despite the unusual sequences in the colour-magnitude diagram, t
he derivation of reddening and distance is straightforward, and we obtained
E(B - V) = 2.48+/-0.1, d. = 5.2+/-0.5 kpc, thus placing Terzan 1 within th
e bulge.