diff --git a/NEWS b/NEWS
index 4016179a..16672060 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,17 @@
+Version 2.16 (2024-12-04)
+  o BFD: Set password per session
+  o BFD: Accept zero checksum for IPv6-UDP
+  o BMP: Refactoring and optimizations
+  o OSPF: Allow loopback nexthop in OSPFv3-IPv4
+  o RPKI: TCP-MD5 authentication option
+  o Filters: Add enum types to filter grammar
+  o CLI: Configurable additional control sockets
+  o CLI: Timeformat command
+  o CLI: Dump commands need a target file
+  o ASPA support in filters, Static and RPKI
+  o Formalized contributions and credits policy
+  o Many bugfixes and improvements
+
 Version 2.15.1 (2024-03-22)
   o OSPF: Fix regression in handling PtP links
   o RPKI: Handle connection resets properly
diff --git a/misc/bird.spec b/misc/bird.spec
index 39bfc4e7..ca827f6d 100644
--- a/misc/bird.spec
+++ b/misc/bird.spec
@@ -1,6 +1,6 @@
 Summary: BIRD Internet Routing Daemon
 Name: bird
-Version: 2.15.1
+Version: 2.16
 Release: 1
 Copyright: GPL
 Group: Networking/Daemons
diff --git a/sysdep/config.h b/sysdep/config.h
index 82d0b51d..8c482ec3 100644
--- a/sysdep/config.h
+++ b/sysdep/config.h
@@ -13,7 +13,7 @@
 #ifdef GIT_LABEL
 #define BIRD_VERSION XSTR1(GIT_LABEL)
 #else
-#define BIRD_VERSION "2.15.1"
+#define BIRD_VERSION "2.16"
 #endif
 
 /* Include parameters determined by configure script */