diff --git a/README.md b/README.md
index 165bd113a..01089c038 100644
--- a/README.md
+++ b/README.md
@@ -120,7 +120,7 @@ installed.
 For non-development use, you can install wally from PyPI with `pip` as follows:
 
 ```
-pip install wallycore==1.3.0
+pip install wallycore==1.3.1
 ```
 
 For development, you can build and install wally using:
diff --git a/_CMakeLists.txt b/_CMakeLists.txt
index d2bc7d996..a159e2d60 100644
--- a/_CMakeLists.txt
+++ b/_CMakeLists.txt
@@ -2,7 +2,7 @@ cmake_minimum_required(VERSION 3.18)
 
 project(
   libwallycore
-  VERSION 1.3.0
+  VERSION 1.3.1
   DESCRIPTION "A collection of useful primitives for cryptocurrency wallets"
   LANGUAGES C
 )
diff --git a/configure.ac b/configure.ac
index 6adc68c2d..17063439c 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,5 +1,5 @@
 AC_PREREQ([2.60])
-AC_INIT([libwallycore],[1.3.0])
+AC_INIT([libwallycore],[1.3.1])
 AC_CONFIG_AUX_DIR([tools/build-aux])
 AC_CONFIG_MACRO_DIR([tools/build-aux/m4])
 AC_CONFIG_SRCDIR([src/mnemonic.h])
diff --git a/docs/source/conf.py b/docs/source/conf.py
index 399540043..6e85d0994 100644
--- a/docs/source/conf.py
+++ b/docs/source/conf.py
@@ -167,7 +167,7 @@ def extract_docs(infile, outfile):
 # built documents.
 #
 # The short X.Y version.
-version = u'1.3.0'
+version = u'1.3.1'
 # The full version, including alpha/beta/rc tags.
 release = version
 
diff --git a/include/wally_core.h b/include/wally_core.h
index 15a8db8b7..cee34cabb 100644
--- a/include/wally_core.h
+++ b/include/wally_core.h
@@ -31,8 +31,8 @@ extern "C" {
 /** Library version */
 #define WALLY_MAJOR_VER 1
 #define WALLY_MINOR_VER 3
-#define WALLY_PATCH_VER 0
-#define WALLY_BUILD_VER 0x10300
+#define WALLY_PATCH_VER 1
+#define WALLY_BUILD_VER 0x10301
 
 /**
  * Initialize wally.
diff --git a/setup.py b/setup.py
index a09e732ac..3b1b2b843 100644
--- a/setup.py
+++ b/setup.py
@@ -170,7 +170,7 @@ def _call(args, cwd=ABS_PATH):
 
 kwargs = {
     'name': 'wallycore',
-    'version': '1.3.0',
+    'version': '1.3.1',
     'description': 'libwally Bitcoin library',
     'long_description': 'Python bindings for the libwally Bitcoin library',
     'url': 'https://github.com/ElementsProject/libwally-core',
diff --git a/src/Makefile.am b/src/Makefile.am
index 60c6b82e8..5c0084353 100644
--- a/src/Makefile.am
+++ b/src/Makefile.am
@@ -198,11 +198,11 @@ libwallycore_la_INCLUDES = \
 
 if SHARED_BUILD_ENABLED
 # Increment at every ABI change (whether breaking or non-breaking)
-LT_VER_CURRENT = 4
+LT_VER_CURRENT = 5
 # Increment at every release, but reset to 0 at every ABI change
 LT_VER_REVISION = 0
 # Increment at every ABI change, but reset to 0 if breaking
-LT_VER_AGE = 3
+LT_VER_AGE = 4
 # The library filename will be "libwallycore.so.$((current-age)).$((age)).$((revision))",
 # and the soname will be "libwallycore.so.$((current-age))".
 # Do NOT try to make the library version-info follow the project release version number!
diff --git a/src/wasm_package/package-lock.json b/src/wasm_package/package-lock.json
index e042ef705..254a394c4 100644
--- a/src/wasm_package/package-lock.json
+++ b/src/wasm_package/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "wallycore",
-  "version": "1.3.0",
+  "version": "1.3.1",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "wallycore",
-      "version": "1.3.0",
+      "version": "1.3.1",
       "license": "(MIT or BSD)",
       "devDependencies": {
         "buffer": "^6.0.3",
diff --git a/src/wasm_package/package.json b/src/wasm_package/package.json
index 2266d1a8f..456775ade 100644
--- a/src/wasm_package/package.json
+++ b/src/wasm_package/package.json
@@ -1,6 +1,6 @@
 {
   "name": "wallycore",
-  "version": "1.3.0",
+  "version": "1.3.1",
   "description": "JavaScript bindings for libwally",
   "main": "src/index.js",
   "type": "module",
diff --git a/src/wasm_package/src/const.js b/src/wasm_package/src/const.js
index 7d5996a74..086de3cc6 100755
--- a/src/wasm_package/src/const.js
+++ b/src/wasm_package/src/const.js
@@ -109,7 +109,7 @@ export const WALLY_ADDRESS_VERSION_WIF_TESTNET = 0xEF; /** Wallet Import Format
 export const WALLY_BIP32_CHAIN_CODE_LEN = 32;
 export const WALLY_BIP32_TWEAK_SUM_LEN = 32;
 export const WALLY_BTC_MAX = 21000000;
-export const WALLY_BUILD_VER = 0x10300;
+export const WALLY_BUILD_VER = 0x10301;
 export const WALLY_CA_PREFIX_LIQUID = 0x0c; /** Liquid v1 confidential address prefix */
 export const WALLY_CA_PREFIX_LIQUID_REGTEST = 0x04; /** Liquid v1 confidential address prefix for regtest */
 export const WALLY_CA_PREFIX_LIQUID_TESTNET = 0x17; /** Liquid v1 confidential address prefix for testnet */
@@ -146,7 +146,7 @@ export const WALLY_NETWORK_LIQUID_TESTNET = 0x05; /** Liquid v1 testnet */
 export const WALLY_NETWORK_NONE = 0x00; /** Used for miniscript parsing only */
 export const WALLY_NO_CODESEPARATOR = 0xffffffff; /* No BIP342 code separator position */
 export const WALLY_OK = 0; /** Success */
-export const WALLY_PATCH_VER = 0;
+export const WALLY_PATCH_VER = 1;
 export const WALLY_PSBT_EXTRACT_FINAL = 0x0; /* Extract a final transaction; fail if any inputs aren't finalized */
 export const WALLY_PSBT_EXTRACT_NON_FINAL = 0x1; /* Extract without any final scriptsig and witness */
 export const WALLY_PSBT_EXTRACT_OPT_FINAL = 0x2; /* Extract only final scriptsigs and witnesses that are present (partial finalization) */