diff --git a/README.md b/README.md
index 66cb726d2a..e6a20f38bb 100644
--- a/README.md
+++ b/README.md
@@ -31,15 +31,15 @@ repositories {
 }
 
 dependencies {
-    compile "io.projectreactor:reactor-core:3.5.15"
-    testCompile "io.projectreactor:reactor-test:3.5.15"
+    compile "io.projectreactor:reactor-core:3.5.16"
+    testCompile "io.projectreactor:reactor-test:3.5.16"
 
     // Alternatively, use the following for latest snapshot artifacts in this line
-    // compile "io.projectreactor:reactor-core:3.5.16-SNAPSHOT"
-    // testCompile "io.projectreactor:reactor-test:3.5.16-SNAPSHOT"
+    // compile "io.projectreactor:reactor-core:3.5.17-SNAPSHOT"
+    // testCompile "io.projectreactor:reactor-test:3.5.17-SNAPSHOT"
 
     // Optionally, use `reactor-tools` to help debugging reactor code
-    // implementation "io.projectreactor:reactor-tools:3.5.15"
+    // implementation "io.projectreactor:reactor-tools:3.5.16"
 }
 ```
 
diff --git a/gradle.properties b/gradle.properties
index acea40c3c4..f06498041a 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,5 +1,5 @@
-version=3.5.16-SNAPSHOT
-bomVersion=2022.0.17
-metricsMicrometerVersion=1.0.16-SNAPSHOT
+version=3.5.16
+bomVersion=2022.0.18
+metricsMicrometerVersion=1.0.16
 
 org.gradle.parallel=true