diff --git a/libnbd.spec b/libnbd.spec
index 76c0859..fbca06c 100644
--- a/libnbd.spec
+++ b/libnbd.spec
@@ -8,10 +8,10 @@
 %global patches_touch_autotools %{nil}
 
 # The source directory.
-%global source_directory 1.15-development
+%global source_directory 1.16-stable
 
 Name:           libnbd
-Version:        1.15.13
+Version:        1.16.0
 Release:        1%{?dist}
 Summary:        NBD client library in userspace
 
@@ -359,6 +359,9 @@ make %{?_smp_mflags} check || {
 
 
 %changelog
+* Tue Apr 18 2023 Richard W.M. Jones <rjones@redhat.com> - 1.16.0-1
+- New upstream stable version 1.16.0
+
 * Thu Apr 13 2023 Richard W.M. Jones <rjones@redhat.com> - 1.15.13-1
 - New upstream development version 1.15.13
 
diff --git a/sources b/sources
index 41f139a..e79696c 100644
--- a/sources
+++ b/sources
@@ -1,2 +1,2 @@
-SHA512 (libnbd-1.15.13.tar.gz) = 49a57fa47d1c19b5306415b5fcc595495239fe705b30ee89cfd1251a962355cf5b4089a6e5d1967867a30e457d3ff08060dc702ee37e160cafb5c1c96fb1ce12
-SHA512 (libnbd-1.15.13.tar.gz.sig) = 2f5f763106addcdadd60fa8e1a584317d166e8bcde6c6e13942ad086f0902a1f634d31e4c0ad8bb18cf86f289639f7cf08cef028cf6249eef8e34af758c8a26d
+SHA512 (libnbd-1.16.0.tar.gz) = 4ca366c819adf1f775412dd53d9b76859e6ca49a479f0b3e8f5fddfc54f27bfa43f4eed3edc2d367f6a646cfd87824323a6aafb5c3627e18b97ed44efc417150
+SHA512 (libnbd-1.16.0.tar.gz.sig) = fe5c0a6568130fd1cd5bb9481638767476858623cda86f905bb70608a4da38aab3ac2cb6243358df228dccd56abfedb68d2101885d3b140d97fc03ee702b03b2