diff --git a/benchexec/__init__.py b/benchexec/__init__.py
index bf4b9262e..9ffd3427c 100644
--- a/benchexec/__init__.py
+++ b/benchexec/__init__.py
@@ -34,7 +34,7 @@
 Variables ending with "tag" contain references to XML tag objects created by the XML parser.
 """
 
-__version__ = "3.16-dev"
+__version__ = "3.16"
 
 
 class BenchExecException(Exception):  # noqa: N818 backwards compatibility
diff --git a/debian/changelog b/debian/changelog
index 330a72495..740ae7a5a 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,9 @@
+benchexec (3.16-1) jammy; urgency=medium
+
+  * New upstream version.
+
+ -- Philipp Wendler <debian@philippwendler.de>  Mon, 06 Feb 2023 13:23:03 +0100
+
 benchexec (3.15-1) jammy; urgency=medium
 
   * New upstream version.