diff --git a/CMakeLists.txt b/CMakeLists.txt
index 373c6169c8..ab579c9eb3 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -16,7 +16,7 @@ endif()
 
 set(VERSION_MAJOR 1)
 set(VERSION_MINOR 6)
-set(VERSION_PATCH 2)
+set(VERSION_PATCH 3)
 #set(VERSION_SUFFIX rc2)
 
 if (VERSION_SUFFIX)
diff --git a/README.md b/README.md
index a21f9c7780..d5ba5eca1a 100644
--- a/README.md
+++ b/README.md
@@ -1,5 +1,5 @@
 # EOSIO.CDT (Contract Development Toolkit)
-## Version : 1.6.2
+## Version : 1.6.3
 
 EOSIO.CDT is a toolchain for WebAssembly (WASM) and set of tools to facilitate contract writing for the EOSIO platform.  In addition to being a general purpose WebAssembly toolchain, [EOSIO](https://github.com/eosio/eos) specific optimizations are available to support building EOSIO smart contracts.  This new toolchain is built around [Clang 7](https://github.com/eosio/llvm), which means that EOSIO.CDT has the most currently available optimizations and analyses from LLVM, but as the WASM target is still considered experimental, some optimizations are not available or incomplete.