diff --git a/VERSION.cmake b/VERSION.cmake
index 3d084455f..f049e5f66 100644
--- a/VERSION.cmake
+++ b/VERSION.cmake
@@ -1,6 +1,6 @@
 set (DEFAULT_LIBDNF_MAJOR_VERSION 0)
-set (DEFAULT_LIBDNF_MINOR_VERSION 71)
-set (DEFAULT_LIBDNF_MICRO_VERSION 1)
+set (DEFAULT_LIBDNF_MINOR_VERSION 72)
+set (DEFAULT_LIBDNF_MICRO_VERSION 0)
 
 if(DEFINED LIBDNF_MAJOR_VERSION)
   if(NOT ${DEFAULT_LIBDNF_MAJOR_VERSION} STREQUAL ${LIBDNF_MAJOR_VERSION})
diff --git a/docs/release_notes.rst b/docs/release_notes.rst
index 74049ccc4..7495f7345 100644
--- a/docs/release_notes.rst
+++ b/docs/release_notes.rst
@@ -19,6 +19,28 @@
  LIBDNF Release Notes
 ######################
 
+====================
+0.72.0 Release Notes
+====================
+
+- New features:
+  - conf: Add limited shell-style variable expansion (RhBug:1789346)
+  - conf: Add support for $releasever_major, $releasever_minor (RhBug:1789346)
+  - repo: Don't download the repository if the local cache is up to date
+
+- Bug fixes:
+  - Avoid reinstalling installonly packages marked for ERASE (RhBug:2163474)
+  - transaction: Save the reason for installing (RhBug:1733274)
+
+- Others:
+  - Include dist-info for python3-libdnf
+
+Bugs fixed in 0.72.0:
+
+* :rhbug:`2163474`
+* :rhbug:`1733274`
+* :rhbug:`1789346`
+
 ====================
 0.71.1 Release Notes
 ====================
diff --git a/libdnf.spec b/libdnf.spec
index 233a10260..38163767d 100644
--- a/libdnf.spec
+++ b/libdnf.spec
@@ -4,8 +4,8 @@
 %global dnf_conflict 4.11.0
 %global swig_version 3.0.12
 %global libdnf_major_version 0
-%global libdnf_minor_version 71
-%global libdnf_micro_version 1
+%global libdnf_minor_version 72
+%global libdnf_micro_version 0
 
 %define __cmake_in_source_build 1