diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index b80b9e6..dc5844a 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 0.27.2
+current_version = 0.28.0
 commit = True
 message = Update version {current_version} -> {new_version}
 
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 10c0424..22333f0 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,31 @@
+## [0.28.0](https://github.com/IBM/networking-python-sdk/compare/v0.27.2...v0.28.0) (2026-01-22)
+
+### Bug Fixes
+
+* Addressed brace-expansion dependency security alert (#158) (4c79ef3)
+* Addressed travis failures (#172) (dc6fffe)
+* Create codeql.yml (#141) (e28dfb5)
+* deps: update dependency @semantic-release/exec to v7 (#131) (d63413f)
+* deps: update dependency @semantic-release/exec to v7.1.0 (#152) (93a365c)
+* deps: update dependency @semantic-release/github to v11.0.2 (#148) (d129737)
+* deps: update dependency @semantic-release/github to v11.0.3 (#154) (dd0b42b)
+* deps: update dependency http-cache-semantics to v4.2.0 (#151) (33c1902)
+* Fix travis failure  (#124) (11fc2af)
+* fixed  security alert by updating brace-expansion (#156) (14ffadb)
+* Fixing CodeQL errors  (#135) (a117f6f)
+* updated tgw with new specs (8536d62)
+
+### Features
+
+* direct link macsec changes (#150) (2dceb5b)
+* Introduced prefix-filters for GRE connections (#170) (32c9cf7)
+* rename allow_gre_traffic_across_zones (#147) (2da6f68)
+* transit-gateway vpnaas changes (a3416e4)
+
+### Reverts
+
+* Revert "feat: Introduced prefix-filters for GRE connections (#170)" (#175) (60b96ec)
+
 ## [0.27.2](https://github.com/IBM/networking-python-sdk/compare/v0.27.1...v0.27.2) (2024-12-10)
 
 
diff --git a/README.md b/README.md
index 5276cc9..fcea3d3 100644
--- a/README.md
+++ b/README.md
@@ -6,7 +6,7 @@
 [![License](https://img.shields.io/badge/License-Apache%202.0-blue.svg)](https://opensource.org/licenses/Apache-2.0)
 [![semantic-release](https://img.shields.io/badge/%20%20%F0%9F%93%A6%F0%9F%9A%80-semantic--release-e10079.svg)](https://github.com/semantic-release/semantic-release)
 
-# IBM Cloud Networking Services Python SDK Version 0.27.2
+# IBM Cloud Networking Services Python SDK Version 0.28.0
 
 Python client library to interact with various [IBM Cloud Networking Service APIs](https://cloud.ibm.com/apidocs?category=network).
 
@@ -22,7 +22,7 @@ Python client library to interact with various [IBM Cloud Networking Service API
       npx markdown-toc -i README.md
   -->
 
-<! -- toc -->
+<!-- toc -->
 
 - [Overview](#overview)
 - [Prerequisites](#prerequisites)
@@ -99,13 +99,13 @@ IBM Cloud services:
 To install, use `pip` or `easy_install`:
 
 ```bash
-pip install --upgrade "ibm-cloud-networking-services==0.27.2"
+pip install --upgrade "ibm-cloud-networking-services==0.28.0"
 ```
 
 or
 
 ```bash
-easy_install --upgrade "ibm-cloud-networking-servies==0.27.2"
+easy_install --upgrade "ibm-cloud-networking-servies==0.28.0"
 ```
 
 ## Using the SDK
diff --git a/ibm_cloud_networking_services/version.py b/ibm_cloud_networking_services/version.py
index 37274e7..4d92fb5 100644
--- a/ibm_cloud_networking_services/version.py
+++ b/ibm_cloud_networking_services/version.py
@@ -1,4 +1,4 @@
 """
 Version of cloud_networking_services
 """
-__version__ = '0.27.2'
+__version__ = '0.28.0'
diff --git a/setup.py b/setup.py
index 99b3702..afcd807 100644
--- a/setup.py
+++ b/setup.py
@@ -19,7 +19,7 @@
 import sys
 import pkg_resources
 
-__version__ = '0.27.2'
+__version__ = '0.28.0'
 PACKAGE_NAME = 'ibm_cloud_networking_services'
 PACKAGE_DESC = 'Python client library for IBM Cloud Networking Services'