diff --git a/VERSION_NUMBER b/VERSION_NUMBER
index 15b989e39..41c11ffb7 100644
--- a/VERSION_NUMBER
+++ b/VERSION_NUMBER
@@ -1 +1 @@
-1.16.0
+1.16.1
diff --git a/tf2onnx/version.py b/tf2onnx/version.py
index b69fa91e2..3727236be 100644
--- a/tf2onnx/version.py
+++ b/tf2onnx/version.py
@@ -1,5 +1,5 @@
 # SPDX-License-Identifier: Apache-2.0
 
 
-version = '1.16.0'
-git_version = '898c069b872022a138a794332c16a75491dfb5c9'
+version = '1.16.1'
+git_version = '13bab8a91e17ccd87541b2f361ab60e8e38359d3'