diff --git a/.changes/1.27.16.json b/.changes/1.27.16.json
new file mode 100644
index 000000000000..c23cf64eed14
--- /dev/null
+++ b/.changes/1.27.16.json
@@ -0,0 +1,12 @@
+[
+  {
+    "category": "``grafana``",
+    "description": "This release includes support for configuring a Grafana workspace to connect to a datasource within a VPC as well as new APIs for configuring Grafana settings.",
+    "type": "api-change"
+  },
+  {
+    "category": "``rbin``",
+    "description": "This release adds support for Rule Lock for Recycle Bin, which allows you to lock retention rules so that they can no longer be modified or deleted.",
+    "type": "api-change"
+  }
+]
\ No newline at end of file
diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 614c70a89aa4..f9ee84a0d53e 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -2,6 +2,13 @@
 CHANGELOG
 =========
 
+1.27.16
+=======
+
+* api-change:``grafana``: This release includes support for configuring a Grafana workspace to connect to a datasource within a VPC as well as new APIs for configuring Grafana settings.
+* api-change:``rbin``: This release adds support for Rule Lock for Recycle Bin, which allows you to lock retention rules so that they can no longer be modified or deleted.
+
+
 1.27.15
 =======
 
diff --git a/awscli/__init__.py b/awscli/__init__.py
index f9815016b781..b972ac2c1ea3 100644
--- a/awscli/__init__.py
+++ b/awscli/__init__.py
@@ -17,7 +17,7 @@
 """
 import os
 
-__version__ = '1.27.15'
+__version__ = '1.27.16'
 
 #
 # Get our data path to be added to botocore's search path
diff --git a/doc/source/conf.py b/doc/source/conf.py
index 8cb5e1f33d52..aa98a51a7bd8 100644
--- a/doc/source/conf.py
+++ b/doc/source/conf.py
@@ -52,7 +52,7 @@
 # The short X.Y version.
 version = '1.27.'
 # The full version, including alpha/beta/rc tags.
-release = '1.27.15'
+release = '1.27.16'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/setup.cfg b/setup.cfg
index ef694106efc9..6298ac293d58 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -3,7 +3,7 @@ universal = 0
 
 [metadata]
 requires_dist =
-        botocore==1.29.15
+        botocore==1.29.16
         docutils>=0.10,<0.17
         s3transfer>=0.6.0,<0.7.0
         PyYAML>=3.10,<5.5
diff --git a/setup.py b/setup.py
index f87464dcf6cb..1892cb69767e 100644
--- a/setup.py
+++ b/setup.py
@@ -24,7 +24,7 @@ def find_version(*file_paths):
 
 
 install_requires = [
-    'botocore==1.29.15',
+    'botocore==1.29.16',
     'docutils>=0.10,<0.17',
     's3transfer>=0.6.0,<0.7.0',
     'PyYAML>=3.10,<5.5',