diff --git a/common/smoke-tests/pom.xml b/common/smoke-tests/pom.xml
index 1f66fee8c285..4af492917d1d 100644
--- a/common/smoke-tests/pom.xml
+++ b/common/smoke-tests/pom.xml
@@ -136,13 +136,13 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs</artifactId>
-      <version>5.15.0</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
+      <version>5.15.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
     </dependency>
 
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs-checkpointstore-blob</artifactId>
-      <version>1.16.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;dependency} -->
+      <version>1.16.2</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;dependency} -->
     </dependency>
 
     <dependency>
diff --git a/eng/jacoco-test-coverage/pom.xml b/eng/jacoco-test-coverage/pom.xml
index f9f32bcce65a..10d5ed1d4b2d 100644
--- a/eng/jacoco-test-coverage/pom.xml
+++ b/eng/jacoco-test-coverage/pom.xml
@@ -253,12 +253,12 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs</artifactId>
-      <version>5.15.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;current} -->
+      <version>5.16.0-beta.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;current} -->
     </dependency>
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs-checkpointstore-blob</artifactId>
-      <version>1.16.2</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;current} -->
+      <version>1.17.0-beta.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;current} -->
     </dependency>
     <dependency>
       <groupId>com.azure</groupId>
diff --git a/eng/versioning/version_client.txt b/eng/versioning/version_client.txt
index 6515240740e9..ddd480a1ef41 100644
--- a/eng/versioning/version_client.txt
+++ b/eng/versioning/version_client.txt
@@ -122,8 +122,8 @@ com.azure:azure-json-gson;1.0.0-beta.1;1.0.0-beta.2
 com.azure:azure-json-reflect;1.0.0-beta.1;1.0.0-beta.1
 com.azure:azure-messaging-eventgrid;4.14.0;4.15.0-beta.1
 com.azure:azure-messaging-eventgrid-cloudnative-cloudevents;1.0.0-beta.1;1.0.0-beta.2
-com.azure:azure-messaging-eventhubs;5.15.0;5.15.1
-com.azure:azure-messaging-eventhubs-checkpointstore-blob;1.16.1;1.16.2
+com.azure:azure-messaging-eventhubs;5.15.1;5.16.0-beta.1
+com.azure:azure-messaging-eventhubs-checkpointstore-blob;1.16.2;1.17.0-beta.1
 com.azure:azure-messaging-eventhubs-checkpointstore-jedis;1.0.0-beta.1;1.0.0-beta.1
 com.azure:azure-messaging-eventhubs-stress;1.0.0-beta.1;1.0.0-beta.1
 com.azure:azure-messaging-eventhubs-track1-perf;1.0.0-beta.1;1.0.0-beta.1
diff --git a/sdk/aot/azure-aot-graalvm-samples/pom.xml b/sdk/aot/azure-aot-graalvm-samples/pom.xml
index 4791013042e8..47c27a3b3db8 100644
--- a/sdk/aot/azure-aot-graalvm-samples/pom.xml
+++ b/sdk/aot/azure-aot-graalvm-samples/pom.xml
@@ -93,7 +93,7 @@
         <dependency>
             <groupId>com.azure</groupId>
             <artifactId>azure-messaging-eventhubs</artifactId>
-            <version>5.15.0</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
+            <version>5.15.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
         </dependency>
         <dependency>
             <groupId>com.azure</groupId>
diff --git a/sdk/eventgrid/azure-resourcemanager-eventgrid/pom.xml b/sdk/eventgrid/azure-resourcemanager-eventgrid/pom.xml
index 6675cf6ab6d2..d2983ed64616 100644
--- a/sdk/eventgrid/azure-resourcemanager-eventgrid/pom.xml
+++ b/sdk/eventgrid/azure-resourcemanager-eventgrid/pom.xml
@@ -79,7 +79,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs</artifactId>
-      <version>5.15.0</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
+      <version>5.15.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
       <scope>test</scope>
     </dependency>
   </dependencies>
diff --git a/sdk/eventhubs/azure-messaging-eventhubs-checkpointstore-blob/CHANGELOG.md b/sdk/eventhubs/azure-messaging-eventhubs-checkpointstore-blob/CHANGELOG.md
index 931b0ee3bc27..633e97b358b6 100644
--- a/sdk/eventhubs/azure-messaging-eventhubs-checkpointstore-blob/CHANGELOG.md
+++ b/sdk/eventhubs/azure-messaging-eventhubs-checkpointstore-blob/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 1.17.0-beta.1 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 1.16.2 (2023-01-18)
 
 ### Breaking Changes
diff --git a/sdk/eventhubs/azure-messaging-eventhubs-checkpointstore-blob/pom.xml b/sdk/eventhubs/azure-messaging-eventhubs-checkpointstore-blob/pom.xml
index 9ab27cc12b44..0c9e964ed299 100644
--- a/sdk/eventhubs/azure-messaging-eventhubs-checkpointstore-blob/pom.xml
+++ b/sdk/eventhubs/azure-messaging-eventhubs-checkpointstore-blob/pom.xml
@@ -17,7 +17,7 @@
 
   <groupId>com.azure</groupId>
   <artifactId>azure-messaging-eventhubs-checkpointstore-blob</artifactId>
-  <version>1.16.2</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;current} -->
+  <version>1.17.0-beta.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;current} -->
 
   <name>Microsoft Azure client library for storing checkpoints in Storage Blobs</name>
   <description>Library for using storing checkpoints in Storage Blobs</description>
@@ -49,7 +49,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs</artifactId>
-      <version>5.15.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;current} -->
+      <version>5.16.0-beta.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;current} -->
     </dependency>
     <dependency>
       <groupId>com.azure</groupId>
diff --git a/sdk/eventhubs/azure-messaging-eventhubs-checkpointstore-jedis/pom.xml b/sdk/eventhubs/azure-messaging-eventhubs-checkpointstore-jedis/pom.xml
index a844c2251dd0..92d8a611345a 100644
--- a/sdk/eventhubs/azure-messaging-eventhubs-checkpointstore-jedis/pom.xml
+++ b/sdk/eventhubs/azure-messaging-eventhubs-checkpointstore-jedis/pom.xml
@@ -41,7 +41,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs</artifactId>
-      <version>5.15.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;current} -->
+      <version>5.16.0-beta.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;current} -->
     </dependency>
     <dependency>
       <groupId>redis.clients</groupId>
diff --git a/sdk/eventhubs/azure-messaging-eventhubs-stress/pom.xml b/sdk/eventhubs/azure-messaging-eventhubs-stress/pom.xml
index 5edb5069c712..ebaf2931fb4d 100644
--- a/sdk/eventhubs/azure-messaging-eventhubs-stress/pom.xml
+++ b/sdk/eventhubs/azure-messaging-eventhubs-stress/pom.xml
@@ -39,12 +39,12 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs</artifactId>
-      <version>5.15.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;current} -->
+      <version>5.16.0-beta.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;current} -->
     </dependency>
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs-checkpointstore-blob</artifactId>
-      <version>1.16.2</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;current} -->
+      <version>1.17.0-beta.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;current} -->
     </dependency>
 
     <dependency>
diff --git a/sdk/eventhubs/azure-messaging-eventhubs-track2-perf/pom.xml b/sdk/eventhubs/azure-messaging-eventhubs-track2-perf/pom.xml
index f0a981a19d56..38359752605a 100644
--- a/sdk/eventhubs/azure-messaging-eventhubs-track2-perf/pom.xml
+++ b/sdk/eventhubs/azure-messaging-eventhubs-track2-perf/pom.xml
@@ -24,7 +24,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs-checkpointstore-blob</artifactId>
-      <version>1.16.2</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;current} -->
+      <version>1.17.0-beta.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;current} -->
     </dependency>
     <dependency>
       <groupId>com.azure</groupId>
diff --git a/sdk/eventhubs/azure-messaging-eventhubs/CHANGELOG.md b/sdk/eventhubs/azure-messaging-eventhubs/CHANGELOG.md
index dca981ba499a..941bc8e4cb98 100644
--- a/sdk/eventhubs/azure-messaging-eventhubs/CHANGELOG.md
+++ b/sdk/eventhubs/azure-messaging-eventhubs/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 5.16.0-beta.1 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 5.15.1 (2023-01-18)
 
 ### Features Added
diff --git a/sdk/eventhubs/azure-messaging-eventhubs/docs/pom.xml b/sdk/eventhubs/azure-messaging-eventhubs/docs/pom.xml
index c6b36eb24457..74cbbd19fcf3 100644
--- a/sdk/eventhubs/azure-messaging-eventhubs/docs/pom.xml
+++ b/sdk/eventhubs/azure-messaging-eventhubs/docs/pom.xml
@@ -20,7 +20,7 @@
         <dependency>
             <groupId>com.azure</groupId>
             <artifactId>azure-messaging-eventhubs-checkpointstore-blob</artifactId>
-            <version>1.16.2</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;current} -->
+            <version>1.17.0-beta.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;current} -->
         </dependency>
         <dependency>
             <groupId>io.projectreactor</groupId>
diff --git a/sdk/eventhubs/azure-messaging-eventhubs/pom.xml b/sdk/eventhubs/azure-messaging-eventhubs/pom.xml
index 781722a794d9..ce01669f1289 100644
--- a/sdk/eventhubs/azure-messaging-eventhubs/pom.xml
+++ b/sdk/eventhubs/azure-messaging-eventhubs/pom.xml
@@ -14,7 +14,7 @@
 
   <groupId>com.azure</groupId>
   <artifactId>azure-messaging-eventhubs</artifactId>
-  <version>5.15.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;current} -->
+  <version>5.16.0-beta.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;current} -->
 
   <name>Microsoft Azure client library for Event Hubs</name>
   <description>Libraries built on Microsoft Azure Event Hubs</description>
diff --git a/sdk/monitor/azure-monitor-opentelemetry-exporter/pom.xml b/sdk/monitor/azure-monitor-opentelemetry-exporter/pom.xml
index 66fa53616570..697f59c51ecf 100644
--- a/sdk/monitor/azure-monitor-opentelemetry-exporter/pom.xml
+++ b/sdk/monitor/azure-monitor-opentelemetry-exporter/pom.xml
@@ -118,7 +118,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs</artifactId>
-      <version>5.15.0</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
+      <version>5.15.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
       <scope>test</scope>
     </dependency>
     <dependency>
@@ -136,7 +136,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs-checkpointstore-blob</artifactId>
-      <version>1.16.1</version>  <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;dependency} -->
+      <version>1.16.2</version>  <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;dependency} -->
       <scope>test</scope>
     </dependency>
     <dependency>
diff --git a/sdk/schemaregistry/azure-data-schemaregistry-apacheavro/pom.xml b/sdk/schemaregistry/azure-data-schemaregistry-apacheavro/pom.xml
index cc9dbae59689..a42305de96e4 100644
--- a/sdk/schemaregistry/azure-data-schemaregistry-apacheavro/pom.xml
+++ b/sdk/schemaregistry/azure-data-schemaregistry-apacheavro/pom.xml
@@ -113,7 +113,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs</artifactId>
-      <version>5.15.0</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
+      <version>5.15.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
       <scope>test</scope>
     </dependency>
     <dependency>
diff --git a/sdk/spring/spring-cloud-azure-actuator-autoconfigure/pom.xml b/sdk/spring/spring-cloud-azure-actuator-autoconfigure/pom.xml
index a31470a5fa13..383e3024cb5e 100644
--- a/sdk/spring/spring-cloud-azure-actuator-autoconfigure/pom.xml
+++ b/sdk/spring/spring-cloud-azure-actuator-autoconfigure/pom.xml
@@ -75,7 +75,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs</artifactId>
-      <version>5.15.0</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
+      <version>5.15.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
       <optional>true</optional>
     </dependency>
     <dependency>
diff --git a/sdk/spring/spring-cloud-azure-actuator/pom.xml b/sdk/spring/spring-cloud-azure-actuator/pom.xml
index 72de2f1c82fd..b3f618c2fcd3 100644
--- a/sdk/spring/spring-cloud-azure-actuator/pom.xml
+++ b/sdk/spring/spring-cloud-azure-actuator/pom.xml
@@ -69,7 +69,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs</artifactId>
-      <version>5.15.0</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
+      <version>5.15.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
       <optional>true</optional>
     </dependency>
     <dependency>
diff --git a/sdk/spring/spring-cloud-azure-autoconfigure/pom.xml b/sdk/spring/spring-cloud-azure-autoconfigure/pom.xml
index afbb1e6bd4e8..7ed5547cb149 100644
--- a/sdk/spring/spring-cloud-azure-autoconfigure/pom.xml
+++ b/sdk/spring/spring-cloud-azure-autoconfigure/pom.xml
@@ -65,7 +65,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs-checkpointstore-blob</artifactId>
-      <version>1.16.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;dependency} -->
+      <version>1.16.2</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;dependency} -->
       <optional>true</optional>
     </dependency>
 
@@ -165,7 +165,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs</artifactId>
-      <version>5.15.0</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
+      <version>5.15.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
       <optional>true</optional>
     </dependency>
     <dependency>
diff --git a/sdk/spring/spring-cloud-azure-service/pom.xml b/sdk/spring/spring-cloud-azure-service/pom.xml
index 27ba43d7f1b3..6220ecd7d92f 100644
--- a/sdk/spring/spring-cloud-azure-service/pom.xml
+++ b/sdk/spring/spring-cloud-azure-service/pom.xml
@@ -62,7 +62,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs</artifactId>
-      <version>5.15.0</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
+      <version>5.15.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
       <optional>true</optional>
     </dependency>
     <dependency>
diff --git a/sdk/spring/spring-cloud-azure-starter-eventhubs/pom.xml b/sdk/spring/spring-cloud-azure-starter-eventhubs/pom.xml
index f25f4c5af447..9ad09f962861 100644
--- a/sdk/spring/spring-cloud-azure-starter-eventhubs/pom.xml
+++ b/sdk/spring/spring-cloud-azure-starter-eventhubs/pom.xml
@@ -93,13 +93,13 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs</artifactId>
-      <version>5.15.0</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
+      <version>5.15.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
     </dependency>
 
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs-checkpointstore-blob</artifactId>
-      <version>1.16.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;dependency} -->
+      <version>1.16.2</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;dependency} -->
     </dependency>
   </dependencies>
 
diff --git a/sdk/spring/spring-cloud-azure-stream-binder-eventhubs/pom.xml b/sdk/spring/spring-cloud-azure-stream-binder-eventhubs/pom.xml
index 4cf9476e60bc..e36cc265a3a2 100644
--- a/sdk/spring/spring-cloud-azure-stream-binder-eventhubs/pom.xml
+++ b/sdk/spring/spring-cloud-azure-stream-binder-eventhubs/pom.xml
@@ -48,7 +48,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs-checkpointstore-blob</artifactId>
-      <version>1.16.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;dependency} -->
+      <version>1.16.2</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;dependency} -->
     </dependency>
     <dependency>
       <groupId>org.springframework.boot</groupId>
diff --git a/sdk/spring/spring-integration-azure-eventhubs/pom.xml b/sdk/spring/spring-integration-azure-eventhubs/pom.xml
index ae0517eacc53..9ef7fd21957e 100644
--- a/sdk/spring/spring-integration-azure-eventhubs/pom.xml
+++ b/sdk/spring/spring-integration-azure-eventhubs/pom.xml
@@ -55,7 +55,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs-checkpointstore-blob</artifactId>
-      <version>1.16.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;dependency} -->
+      <version>1.16.2</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;dependency} -->
     </dependency>
 
     <!-- Added this dependency to include necessary annotations used by reactor core.
diff --git a/sdk/spring/spring-messaging-azure-eventhubs/pom.xml b/sdk/spring/spring-messaging-azure-eventhubs/pom.xml
index e764bb8d5107..f8c56fdbef88 100644
--- a/sdk/spring/spring-messaging-azure-eventhubs/pom.xml
+++ b/sdk/spring/spring-messaging-azure-eventhubs/pom.xml
@@ -49,13 +49,13 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs</artifactId>
-      <version>5.15.0</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
+      <version>5.15.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs;dependency} -->
     </dependency>
     <!-- Contains Azure Storage Blobs checkpoint store when using EventProcessorClient -->
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-messaging-eventhubs-checkpointstore-blob</artifactId>
-      <version>1.16.1</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;dependency} -->
+      <version>1.16.2</version> <!-- {x-version-update;com.azure:azure-messaging-eventhubs-checkpointstore-blob;dependency} -->
       <optional>true</optional>
     </dependency>