On the evening of July 16, 1992, the Peruvian militant group Shining Path detonated a car bomb containing roughly 400 kilograms (880 lb) of explosives on Tarata Street, a residential thoroughfare in the business district of Miraflores, Lima. The attack was intended to strike an office building operated by Banco de Crédito del Perú at the intersection of Tarata Street and José Larco Avenue, but after private security guards prevented the explosive-laden vehicle from parking at the building, the operatives left the car on the adjacent street, where it detonated at around 9:20 p.m. local time.
The blast killed 25 people, including several who were never identified, and injured between 155 and 250 others; five people were reported missing. Survivors described an initial explosion followed by a larger blast with a roughly 300-metre radius that devastated the street. Among the injured was a 12-year-old survivor who lost her leg in the attack. The explosion destroyed or damaged 183 homes, roughly 400 businesses, and dozens of parked vehicles, with property damage estimated at over US$3.12 million and hundreds of families affected.
According to testimony later gathered by Peru's Truth and Reconciliation Commission, the attack was planned by Shining Path's 12th Detachment under the direction of an operative identified as "Daniel," with other members assigned to scout the target, steal vehicles, and prepare the explosives. Earlier that day, the group carried out a series of lower-scale attacks — including bombings of police stations, a bank branch, and transmission towers — intended to draw law enforcement away from Miraflores and to cause a citywide blackout that aided the operation.
The bombing occurred amid a broader period of political and social upheaval in Peru, following President Alberto Fujimori's April 1992 dissolution of Congress, and came months after other Shining Path attacks that year, including the killing of community organizer María Elena Moyano and a car bombing of a television station. The Tarata bombing was described by observers as the first large-scale terrorist attack against ordinary civilians in a central urban area during the conflict.
In its aftermath, public outrage contributed to an intensified government crackdown on insurgent groups, culminating in the September 1992 capture of Shining Path leader Abimael Guzmán, who was later sentenced to life imprisonment. The attack was also cited as a justification for the La Cantuta massacre two days later, in which nine students and a professor were abducted and killed by a military death squad on accusations of involvement in the Tarata bombing. In 1996, police arrested an operative who provided information used to identify other participants in the planning and execution of the bombing. In 2014, Guzmán and another Shining Path leader were tried in connection with having ordered the attack. Tarata Street was later converted into a pedestrian promenade with a memorial, inaugurated in 1994.