diff --git a/CMakeLists.txt b/CMakeLists.txt
index b8c3b0195c..bf7d215946 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -11,7 +11,7 @@ endif()
 project("openscap" C)
 set(OPENSCAP_VERSION_MAJOR "1")
 set(OPENSCAP_VERSION_MINOR "3")
-set(OPENSCAP_VERSION_PATCH "16")
+set(OPENSCAP_VERSION_PATCH "17")
 
 if(OPENSCAP_VERSION_SUFFIX)
 	set(OPENSCAP_VERSION "${OPENSCAP_VERSION_MAJOR}.${OPENSCAP_VERSION_MINOR}.${OPENSCAP_VERSION_PATCH}_${OPENSCAP_VERSION_SUFFIX}")
diff --git a/release_tools/versions.sh b/release_tools/versions.sh
index 1e2c0a4c2b..459d0e5a33 100644
--- a/release_tools/versions.sh
+++ b/release_tools/versions.sh
@@ -1,4 +1,4 @@
-version=1.3.16
-previous_version=1.3.15
+version=1.3.17
+previous_version=1.3.16
 
 version_major_minor="${version%.*}"