diff --git a/sdk/core/azure-core/CHANGELOG.md b/sdk/core/azure-core/CHANGELOG.md
index e6feddf88dc8..ba5f8e606818 100644
--- a/sdk/core/azure-core/CHANGELOG.md
+++ b/sdk/core/azure-core/CHANGELOG.md
@@ -1,5 +1,16 @@
 # Release History
 
+## 1.16.1 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Key Bugs Fixed
+
+### Fixed
+
+
 ## 1.16.0 (2021-07-01)
 
 ### Features Added
diff --git a/sdk/core/azure-core/azure/core/_version.py b/sdk/core/azure-core/azure/core/_version.py
index 48bb9d819b66..b9b4f5d4b07b 100644
--- a/sdk/core/azure-core/azure/core/_version.py
+++ b/sdk/core/azure-core/azure/core/_version.py
@@ -9,4 +9,4 @@
 # regenerated.
 # --------------------------------------------------------------------------
 
-VERSION = "1.16.0"
+VERSION = "1.16.1"