diff --git a/TAG b/TAG
index 5488ddd3483..6b69ce8fe11 100644
--- a/TAG
+++ b/TAG
@@ -1 +1 @@
-2.5.100-tb
+2.5.101-tb
diff --git a/VERSION b/VERSION
index e4835f00149..d76ea973811 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-2.5.100
+2.5.101
diff --git a/debian/changelog b/debian/changelog
index d3229a5ab11..aa916c22b71 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,9 @@
+daos (2.5.101-1) unstable; urgency=medium
+  [ Phillip Henderson ]
+  * Bump version to 2.5.101
+
+ -- Phillip Henderson <phillip.henderson@intel.com>  Fri, 15 Mar 2024 02:10:00 -0500
+
 daos (2.5.100-16) unstable; urgency=medium
   [ Li Wei ]
   * Update raft to 0.11.0-1416.g12dbc15
diff --git a/utils/rpms/daos.spec b/utils/rpms/daos.spec
index 13243b23307..4c82554837e 100644
--- a/utils/rpms/daos.spec
+++ b/utils/rpms/daos.spec
@@ -14,8 +14,8 @@
 %endif
 
 Name:          daos
-Version:       2.5.100
-Release:       16%{?relval}%{?dist}
+Version:       2.5.101
+Release:       1%{?relval}%{?dist}
 Summary:       DAOS Storage Engine
 
 License:       BSD-2-Clause-Patent
@@ -586,6 +586,9 @@ getent passwd daos_agent >/dev/null || useradd -s /sbin/nologin -r -g daos_agent
 # No files in a shim package
 
 %changelog
+* Fri Mar 15 2024 Phillip Henderson <phillip.henderson@intel.com> 2.5.101-1
+- Bump version to 2.5.101
+
 * Tue Feb 27 2024 Li Wei <wei.g.li@intel.com> 2.5.100-16
 - Update raft to 0.11.0-1.416.g12dbc15