diff --git a/BUILD b/BUILD
index 6a98e3d..040cea0 100644
--- a/BUILD
+++ b/BUILD
@@ -68,7 +68,7 @@
 
 core_version = "6.0.0"
 
-version = "1.16.1-pre1"
+version = "1.16.1"
 
 GPR_PUBLIC_HDRS = [
     "include/grpc/support/alloc.h",
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 8f5f694..fc76cf5 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -24,7 +24,7 @@
 cmake_minimum_required(VERSION 2.8)
 
 set(PACKAGE_NAME      "grpc")
-set(PACKAGE_VERSION   "1.16.1-pre1")
+set(PACKAGE_VERSION   "1.16.1")
 set(PACKAGE_STRING    "${PACKAGE_NAME} ${PACKAGE_VERSION}")
 set(PACKAGE_TARNAME   "${PACKAGE_NAME}-${PACKAGE_VERSION}")
 set(PACKAGE_BUGREPORT "https://github.com/grpc/grpc/issues/")
diff --git a/Makefile b/Makefile
index 1f1f4a0..8469a5f 100644
--- a/Makefile
+++ b/Makefile
@@ -438,8 +438,8 @@
 endif
 
 CORE_VERSION = 6.0.0
-CPP_VERSION = 1.16.1-pre1
-CSHARP_VERSION = 1.16.1-pre1
+CPP_VERSION = 1.16.1
+CSHARP_VERSION = 1.16.1
 
 CPPFLAGS_NO_ARCH += $(addprefix -I, $(INCLUDES)) $(addprefix -D, $(DEFINES))
 CPPFLAGS += $(CPPFLAGS_NO_ARCH) $(ARCH_FLAGS)
diff --git a/build.yaml b/build.yaml
index 21ea1a8..f18cd2d 100644
--- a/build.yaml
+++ b/build.yaml
@@ -14,7 +14,7 @@
   '#10': See the expand_version.py for all the quirks here
   core_version: 6.0.0
   g_stands_for: gao
-  version: 1.16.1-pre1
+  version: 1.16.1
 filegroups:
 - name: alts_proto
   headers:
diff --git a/gRPC-C++.podspec b/gRPC-C++.podspec
index 959143f..a131d66 100644
--- a/gRPC-C++.podspec
+++ b/gRPC-C++.podspec
@@ -23,7 +23,7 @@
 Pod::Spec.new do |s|
   s.name     = 'gRPC-C++'
   # TODO (mxyan): use version that match gRPC version when pod is stabilized
-  # version = '1.16.1-pre1'
+  # version = '1.16.1'
   version = '0.0.3'
   s.version  = version
   s.summary  = 'gRPC C++ library'
@@ -31,7 +31,7 @@
   s.license  = 'Apache License, Version 2.0'
   s.authors  = { 'The gRPC contributors' => 'grpc-packages@google.com' }
 
-  grpc_version = '1.16.1-pre1'
+  grpc_version = '1.16.1'
 
   s.source = {
     :git => 'https://github.com/grpc/grpc.git',
diff --git a/gRPC-Core.podspec b/gRPC-Core.podspec
index ad95f2d..6e3709e 100644
--- a/gRPC-Core.podspec
+++ b/gRPC-Core.podspec
@@ -22,7 +22,7 @@
 
 Pod::Spec.new do |s|
   s.name     = 'gRPC-Core'
-  version = '1.16.1-pre1'
+  version = '1.16.1'
   s.version  = version
   s.summary  = 'Core cross-platform gRPC library, written in C'
   s.homepage = 'https://grpc.io'
diff --git a/gRPC-ProtoRPC.podspec b/gRPC-ProtoRPC.podspec
index 5fbd6f1..019a2cc 100644
--- a/gRPC-ProtoRPC.podspec
+++ b/gRPC-ProtoRPC.podspec
@@ -21,7 +21,7 @@
 
 Pod::Spec.new do |s|
   s.name     = 'gRPC-ProtoRPC'
-  version = '1.16.1-pre1'
+  version = '1.16.1'
   s.version  = version
   s.summary  = 'RPC library for Protocol Buffers, based on gRPC'
   s.homepage = 'https://grpc.io'
diff --git a/gRPC-RxLibrary.podspec b/gRPC-RxLibrary.podspec
index 3c479c23..ba960f1 100644
--- a/gRPC-RxLibrary.podspec
+++ b/gRPC-RxLibrary.podspec
@@ -21,7 +21,7 @@
 
 Pod::Spec.new do |s|
   s.name     = 'gRPC-RxLibrary'
-  version = '1.16.1-pre1'
+  version = '1.16.1'
   s.version  = version
   s.summary  = 'Reactive Extensions library for iOS/OSX.'
   s.homepage = 'https://grpc.io'
diff --git a/gRPC.podspec b/gRPC.podspec
index f916b6c..41f52f9 100644
--- a/gRPC.podspec
+++ b/gRPC.podspec
@@ -20,7 +20,7 @@
 
 Pod::Spec.new do |s|
   s.name     = 'gRPC'
-  version = '1.16.1-pre1'
+  version = '1.16.1'
   s.version  = version
   s.summary  = 'gRPC client library for iOS/OSX'
   s.homepage = 'https://grpc.io'
diff --git a/package.xml b/package.xml
index d1890e9..0e4fb25 100644
--- a/package.xml
+++ b/package.xml
@@ -13,12 +13,12 @@
  <date>2018-01-19</date>
  <time>16:06:07</time>
  <version>
-  <release>1.16.1RC1</release>
-  <api>1.16.1RC1</api>
+  <release>1.16.1</release>
+  <api>1.16.1</api>
  </version>
  <stability>
-  <release>beta</release>
-  <api>beta</api>
+  <release>stable</release>
+  <api>stable</api>
  </stability>
  <license>Apache 2.0</license>
  <notes>
diff --git a/src/cpp/common/version_cc.cc b/src/cpp/common/version_cc.cc
index 3c77ac6..2d60fe8 100644
--- a/src/cpp/common/version_cc.cc
+++ b/src/cpp/common/version_cc.cc
@@ -22,5 +22,5 @@
 #include <grpcpp/grpcpp.h>
 
 namespace grpc {
-grpc::string Version() { return "1.16.1-pre1"; }
+grpc::string Version() { return "1.16.1"; }
 }  // namespace grpc
diff --git a/src/csharp/Grpc.Core/Version.csproj.include b/src/csharp/Grpc.Core/Version.csproj.include
index 33b32cc..5d2c77d 100755
--- a/src/csharp/Grpc.Core/Version.csproj.include
+++ b/src/csharp/Grpc.Core/Version.csproj.include
@@ -1,7 +1,7 @@
 <!-- This file is generated -->
 <Project>
   <PropertyGroup>
-    <GrpcCsharpVersion>1.16.1-pre1</GrpcCsharpVersion>
+    <GrpcCsharpVersion>1.16.1</GrpcCsharpVersion>
     <GoogleProtobufVersion>3.6.1</GoogleProtobufVersion>
   </PropertyGroup>
 </Project>
diff --git a/src/csharp/Grpc.Core/VersionInfo.cs b/src/csharp/Grpc.Core/VersionInfo.cs
index c7d1bfe..0f9fde8 100644
--- a/src/csharp/Grpc.Core/VersionInfo.cs
+++ b/src/csharp/Grpc.Core/VersionInfo.cs
@@ -38,6 +38,6 @@
         /// <summary>
         /// Current version of gRPC C#
         /// </summary>
-        public const string CurrentVersion = "1.16.1-pre1";
+        public const string CurrentVersion = "1.16.1";
     }
 }
diff --git a/src/csharp/build_packages_dotnetcli.bat b/src/csharp/build_packages_dotnetcli.bat
index efa9af8..0d9a33a 100755
--- a/src/csharp/build_packages_dotnetcli.bat
+++ b/src/csharp/build_packages_dotnetcli.bat
@@ -13,7 +13,7 @@
 @rem limitations under the License.
 
 @rem Current package versions
-set VERSION=1.16.1-pre1
+set VERSION=1.16.1
 
 @rem Adjust the location of nuget.exe
 set NUGET=C:\nuget\nuget.exe
diff --git a/src/csharp/build_unitypackage.bat b/src/csharp/build_unitypackage.bat
index 693a46f..129cf73 100644
--- a/src/csharp/build_unitypackage.bat
+++ b/src/csharp/build_unitypackage.bat
@@ -13,7 +13,7 @@
 @rem limitations under the License.
 
 @rem Current package versions
-set VERSION=1.16.1-pre1
+set VERSION=1.16.1
 
 @rem Adjust the location of nuget.exe
 set NUGET=C:\nuget\nuget.exe
diff --git "a/src/objective-c/\041ProtoCompiler-gRPCPlugin.podspec" "b/src/objective-c/\041ProtoCompiler-gRPCPlugin.podspec"
index 28cabe1..845224a 100644
--- "a/src/objective-c/\041ProtoCompiler-gRPCPlugin.podspec"
+++ "b/src/objective-c/\041ProtoCompiler-gRPCPlugin.podspec"
@@ -42,7 +42,7 @@
   # exclamation mark ensures that other "regular" pods will be able to find it as it'll be installed
   # before them.
   s.name     = '!ProtoCompiler-gRPCPlugin'
-  v = '1.16.1-pre1'
+  v = '1.16.1'
   s.version  = v
   s.summary  = 'The gRPC ProtoC plugin generates Objective-C files from .proto services.'
   s.description = <<-DESC
diff --git a/src/objective-c/GRPCClient/private/version.h b/src/objective-c/GRPCClient/private/version.h
index 3ea3043..24eb706 100644
--- a/src/objective-c/GRPCClient/private/version.h
+++ b/src/objective-c/GRPCClient/private/version.h
@@ -22,4 +22,4 @@
 // instead. This file can be regenerated from the template by running
 // `tools/buildgen/generate_projects.sh`.
 
-#define GRPC_OBJC_VERSION_STRING @"1.16.1-pre1"
+#define GRPC_OBJC_VERSION_STRING @"1.16.1"
diff --git a/src/objective-c/tests/version.h b/src/objective-c/tests/version.h
index 179a3f3..af98457 100644
--- a/src/objective-c/tests/version.h
+++ b/src/objective-c/tests/version.h
@@ -22,5 +22,5 @@
 // instead. This file can be regenerated from the template by running
 // `tools/buildgen/generate_projects.sh`.
 
-#define GRPC_OBJC_VERSION_STRING @"1.16.1-pre1"
+#define GRPC_OBJC_VERSION_STRING @"1.16.1"
 #define GRPC_C_VERSION_STRING @"6.0.0"
diff --git a/src/php/ext/grpc/version.h b/src/php/ext/grpc/version.h
index 3ac1169..2fa1de6 100644
--- a/src/php/ext/grpc/version.h
+++ b/src/php/ext/grpc/version.h
@@ -20,6 +20,6 @@
 #ifndef VERSION_H
 #define VERSION_H
 
-#define PHP_GRPC_VERSION "1.16.1RC1"
+#define PHP_GRPC_VERSION "1.16.1"
 
 #endif /* VERSION_H */
diff --git a/src/python/grpcio/grpc/_grpcio_metadata.py b/src/python/grpcio/grpc/_grpcio_metadata.py
index 8f3767c..177c9bd 100644
--- a/src/python/grpcio/grpc/_grpcio_metadata.py
+++ b/src/python/grpcio/grpc/_grpcio_metadata.py
@@ -14,4 +14,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/src/python/grpcio/grpc/_grpcio_metadata.py.template`!!!
 
-__version__ = """1.16.1rc1"""
+__version__ = """1.16.1"""
diff --git a/src/python/grpcio/grpc_version.py b/src/python/grpcio/grpc_version.py
index eec2404..d15b63b 100644
--- a/src/python/grpcio/grpc_version.py
+++ b/src/python/grpcio/grpc_version.py
@@ -14,4 +14,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/src/python/grpcio/grpc_version.py.template`!!!
 
-VERSION = '1.16.1rc1'
+VERSION = '1.16.1'
diff --git a/src/python/grpcio_health_checking/grpc_version.py b/src/python/grpcio_health_checking/grpc_version.py
index 0691206..ac1402b 100644
--- a/src/python/grpcio_health_checking/grpc_version.py
+++ b/src/python/grpcio_health_checking/grpc_version.py
@@ -14,4 +14,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/src/python/grpcio_health_checking/grpc_version.py.template`!!!
 
-VERSION = '1.16.1rc1'
+VERSION = '1.16.1'
diff --git a/src/python/grpcio_reflection/grpc_version.py b/src/python/grpcio_reflection/grpc_version.py
index ddb294d..440427a 100644
--- a/src/python/grpcio_reflection/grpc_version.py
+++ b/src/python/grpcio_reflection/grpc_version.py
@@ -14,4 +14,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/src/python/grpcio_reflection/grpc_version.py.template`!!!
 
-VERSION = '1.16.1rc1'
+VERSION = '1.16.1'
diff --git a/src/python/grpcio_testing/grpc_version.py b/src/python/grpcio_testing/grpc_version.py
index c3bcfec..02c6edc 100644
--- a/src/python/grpcio_testing/grpc_version.py
+++ b/src/python/grpcio_testing/grpc_version.py
@@ -14,4 +14,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/src/python/grpcio_testing/grpc_version.py.template`!!!
 
-VERSION = '1.16.1rc1'
+VERSION = '1.16.1'
diff --git a/src/python/grpcio_tests/grpc_version.py b/src/python/grpcio_tests/grpc_version.py
index 76c62e7..3c62ae5 100644
--- a/src/python/grpcio_tests/grpc_version.py
+++ b/src/python/grpcio_tests/grpc_version.py
@@ -14,4 +14,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/src/python/grpcio_tests/grpc_version.py.template`!!!
 
-VERSION = '1.16.1rc1'
+VERSION = '1.16.1'
diff --git a/src/ruby/lib/grpc/version.rb b/src/ruby/lib/grpc/version.rb
index 7f17c94..c6eb410 100644
--- a/src/ruby/lib/grpc/version.rb
+++ b/src/ruby/lib/grpc/version.rb
@@ -14,5 +14,5 @@
 
 # GRPC contains the General RPC module.
 module GRPC
-  VERSION = '1.16.1.pre1'
+  VERSION = '1.16.1'
 end
diff --git a/src/ruby/tools/version.rb b/src/ruby/tools/version.rb
index 102e64e..2fd7927 100644
--- a/src/ruby/tools/version.rb
+++ b/src/ruby/tools/version.rb
@@ -14,6 +14,6 @@
 
 module GRPC
   module Tools
-    VERSION = '1.16.1.pre1'
+    VERSION = '1.16.1'
   end
 end
diff --git a/tools/distrib/python/grpcio_tools/grpc_version.py b/tools/distrib/python/grpcio_tools/grpc_version.py
index 7b0d362..c9413a3 100644
--- a/tools/distrib/python/grpcio_tools/grpc_version.py
+++ b/tools/distrib/python/grpcio_tools/grpc_version.py
@@ -14,4 +14,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/tools/distrib/python/grpcio_tools/grpc_version.py.template`!!!
 
-VERSION = '1.16.1rc1'
+VERSION = '1.16.1'
diff --git a/tools/doxygen/Doxyfile.c++ b/tools/doxygen/Doxyfile.c++
index 158c722..a1743a1 100644
--- a/tools/doxygen/Doxyfile.c++
+++ b/tools/doxygen/Doxyfile.c++
@@ -40,7 +40,7 @@
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = 1.16.1-pre1
+PROJECT_NUMBER         = 1.16.1
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a
diff --git a/tools/doxygen/Doxyfile.c++.internal b/tools/doxygen/Doxyfile.c++.internal
index 2acaa06..d8fc68c 100644
--- a/tools/doxygen/Doxyfile.c++.internal
+++ b/tools/doxygen/Doxyfile.c++.internal
@@ -40,7 +40,7 @@
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = 1.16.1-pre1
+PROJECT_NUMBER         = 1.16.1
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a