diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1257b0b..3c06371 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,13 @@
 
 All notable changes to this project will be documented in this file. See [standard-version](https://github.com/conventional-changelog/standard-version) for commit guidelines.
 
+### [16.0.1](https://github.com/mojaloop/bulk-api-adapter/compare/v16.0.0...v16.0.1) (2023-10-20)
+
+
+### Bug Fixes
+
+* **mojaloop/#3589:** fix mongoose 'promiseLibrary' option bug ([#102](https://github.com/mojaloop/bulk-api-adapter/issues/102)) ([b770c0a](https://github.com/mojaloop/bulk-api-adapter/commit/b770c0ab9a92effbb5017d56bce9ee76b4d1fd29)), closes [#3589](https://github.com/mojaloop/bulk-api-adapter/issues/3589)
+
 ## [16.0.0](https://github.com/mojaloop/bulk-api-adapter/compare/v15.0.4...v16.0.0) (2023-09-14)
 
 
diff --git a/package-lock.json b/package-lock.json
index 2eff92b..a7f6173 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@mojaloop/bulk-api-adapter",
-  "version": "16.0.0",
+  "version": "16.0.1",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "@mojaloop/bulk-api-adapter",
-      "version": "16.0.0",
+      "version": "16.0.1",
       "license": "Apache-2.0",
       "dependencies": {
         "@hapi/basic": "7.0.2",
diff --git a/package.json b/package.json
index 230120e..99baea5 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@mojaloop/bulk-api-adapter",
-  "version": "16.0.0",
+  "version": "16.0.1",
   "description": "Mojaloop Bulk API Adapter",
   "license": "Apache-2.0",
   "author": "ModusBox",