diff --git a/CMakeLists.txt b/CMakeLists.txt
index 13ff5f066..3c9770562 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -12,7 +12,7 @@ set(CMAKE_MACOSX_RPATH TRUE)
 # set version
 set(LIBYANG_MAJOR_VERSION 0)
 set(LIBYANG_MINOR_VERSION 16)
-set(LIBYANG_MICRO_VERSION 120)
+set(LIBYANG_MICRO_VERSION 121)
 set(LIBYANG_VERSION ${LIBYANG_MAJOR_VERSION}.${LIBYANG_MINOR_VERSION}.${LIBYANG_MICRO_VERSION})
 set(LIBYANG_SOVERSION ${LIBYANG_MAJOR_VERSION}.${LIBYANG_MINOR_VERSION})