diff --git a/CHANGELOG.md b/CHANGELOG.md
index b9f67a516..f11879e89 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [1.23.0](https://github.com/googleapis/google-auth-library-java/compare/v1.22.0...v1.23.0) (2024-01-11)
+
+
+### Features
+
+* Modify the refresh window to match go/async-token-refresh. Serverless tokens are cached until 4 minutes before expiration, so 4 minutes is the ideal refresh window. ([#1352](https://github.com/googleapis/google-auth-library-java/issues/1352)) ([a7a8d7a](https://github.com/googleapis/google-auth-library-java/commit/a7a8d7a4102b0b7c1b83791947ccb662f060eca7))
+
 ## [1.22.0](https://github.com/googleapis/google-auth-library-java/compare/v1.21.0...v1.22.0) (2024-01-09)
 
 
diff --git a/appengine/pom.xml b/appengine/pom.xml
index d65ade433..a98af5241 100644
--- a/appengine/pom.xml
+++ b/appengine/pom.xml
@@ -5,7 +5,7 @@
   <parent>
     <groupId>com.google.auth</groupId>
     <artifactId>google-auth-library-parent</artifactId>
-    <version>1.22.1-SNAPSHOT</version><!-- {x-version-update:google-auth-library-parent:current} -->
+    <version>1.23.0</version><!-- {x-version-update:google-auth-library-parent:current} -->
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/bom/pom.xml b/bom/pom.xml
index 2c7e5198c..01a093b62 100644
--- a/bom/pom.xml
+++ b/bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.auth</groupId>
   <artifactId>google-auth-library-bom</artifactId>
-  <version>1.22.1-SNAPSHOT</version><!-- {x-version-update:google-auth-library-bom:current} -->
+  <version>1.23.0</version><!-- {x-version-update:google-auth-library-bom:current} -->
   <packaging>pom</packaging>
   <name>Google Auth Library for Java BOM</name>
   <description>
diff --git a/credentials/pom.xml b/credentials/pom.xml
index bd5934deb..224af9b72 100644
--- a/credentials/pom.xml
+++ b/credentials/pom.xml
@@ -4,7 +4,7 @@
   <parent>
     <groupId>com.google.auth</groupId>
     <artifactId>google-auth-library-parent</artifactId>
-    <version>1.22.1-SNAPSHOT</version><!-- {x-version-update:google-auth-library-parent:current} -->
+    <version>1.23.0</version><!-- {x-version-update:google-auth-library-parent:current} -->
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/oauth2_http/pom.xml b/oauth2_http/pom.xml
index 36da3d3b8..7c3068d1e 100644
--- a/oauth2_http/pom.xml
+++ b/oauth2_http/pom.xml
@@ -7,7 +7,7 @@
   <parent>
     <groupId>com.google.auth</groupId>
     <artifactId>google-auth-library-parent</artifactId>
-    <version>1.22.1-SNAPSHOT</version><!-- {x-version-update:google-auth-library-parent:current} -->
+    <version>1.23.0</version><!-- {x-version-update:google-auth-library-parent:current} -->
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/pom.xml b/pom.xml
index 0b44d72fd..a055fb74d 100644
--- a/pom.xml
+++ b/pom.xml
@@ -5,7 +5,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.auth</groupId>
   <artifactId>google-auth-library-parent</artifactId>
-  <version>1.22.1-SNAPSHOT</version><!-- {x-version-update:google-auth-library-parent:current} -->
+  <version>1.23.0</version><!-- {x-version-update:google-auth-library-parent:current} -->
   <packaging>pom</packaging>
   <name>Google Auth Library for Java</name>
   <description>Client libraries providing authentication and
diff --git a/versions.txt b/versions.txt
index ee3f1a94a..b51d5f59b 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,9 +1,9 @@
 # Format:
 # module:released-version:current-version
 
-google-auth-library:1.22.0:1.22.1-SNAPSHOT
-google-auth-library-bom:1.22.0:1.22.1-SNAPSHOT
-google-auth-library-parent:1.22.0:1.22.1-SNAPSHOT
-google-auth-library-appengine:1.22.0:1.22.1-SNAPSHOT
-google-auth-library-credentials:1.22.0:1.22.1-SNAPSHOT
-google-auth-library-oauth2-http:1.22.0:1.22.1-SNAPSHOT
+google-auth-library:1.23.0:1.23.0
+google-auth-library-bom:1.23.0:1.23.0
+google-auth-library-parent:1.23.0:1.23.0
+google-auth-library-appengine:1.23.0:1.23.0
+google-auth-library-credentials:1.23.0:1.23.0
+google-auth-library-oauth2-http:1.23.0:1.23.0