It's thought it'll mark St Brigid's Day.
Ireland's latest bank holiday could be just a once-off occurrence.
The Irish Independent reports that it's likely there'll be an extra bank holiday in 2022 around St Brigid's Day. Monday 31st January is a likely date for the new day off as February 1st falls on a Tuesday this year.
It's set to be introduced by government to thank Irish people, especially frontline workers, for their part during the ongoing Covid-19 pandemic.
However, it could be just a once-off holiday and not an annual thing. It's reported some employer groups are against the idea of a permanent bank holiday.
The Government have yet to confirm the exact details surrounding the new bank holiday.