diff --git a/src/Kiota.Builder/Kiota.Builder.csproj b/src/Kiota.Builder/Kiota.Builder.csproj
index b3e8067a3f..4d3aec1bdb 100644
--- a/src/Kiota.Builder/Kiota.Builder.csproj
+++ b/src/Kiota.Builder/Kiota.Builder.csproj
@@ -15,7 +15,7 @@
     <Title>Microsoft.OpenApi.Kiota.Builder</Title>
     <PackageId>Microsoft.OpenApi.Kiota.Builder</PackageId>
     <PackageOutputPath>./nupkg</PackageOutputPath>
-    <VersionPrefix>1.15.0</VersionPrefix>
+    <VersionPrefix>1.16.0</VersionPrefix>
     <VersionSuffix>$(VersionSuffix)</VersionSuffix>
     <PackageReleaseNotes>
       https://github.com/microsoft/kiota/releases
diff --git a/src/kiota/kiota.csproj b/src/kiota/kiota.csproj
index c5de6ad915..789f7b0c0a 100644
--- a/src/kiota/kiota.csproj
+++ b/src/kiota/kiota.csproj
@@ -15,7 +15,7 @@
     <Title>Microsoft.OpenApi.Kiota</Title>
     <PackageId>Microsoft.OpenApi.Kiota</PackageId>
     <PackageOutputPath>./nupkg</PackageOutputPath>
-    <VersionPrefix>1.15.0</VersionPrefix>
+    <VersionPrefix>1.16.0</VersionPrefix>
     <VersionSuffix>$(VersionSuffix)</VersionSuffix>
     <PackageReleaseNotes>
       https://github.com/microsoft/kiota/releases