diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index fb1bd8f..913dbe6 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "1.16.2"
+  ".": "1.16.3"
 }
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index af0e73d..5fa4b90 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,13 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## [1.16.3](https://github.com/microsoft/kiota-dotnet/compare/v1.16.2...v1.16.3) (2025-01-07)
+
+
+### Bug Fixes
+
+* removes bom from encoding ([7ef6862](https://github.com/microsoft/kiota-dotnet/commit/7ef6862e76a08b59fdc4ce9d3240d21ac4f33114))
+
 ## [1.16.2] - 2024-01-07
 
 - Fixed inspecting of response body when response http content is not buffered. [#501](https://github.com/microsoft/kiota-dotnet/issues/501)
diff --git a/Directory.Build.props b/Directory.Build.props
index c2b3814..faf878b 100644
--- a/Directory.Build.props
+++ b/Directory.Build.props
@@ -1,8 +1,8 @@
 <Project>
   <!-- Common default project properties for ALL projects-->
   <PropertyGroup>
-    <VersionPrefix>1.16.2</VersionPrefix>
-    <VersionSuffix></VersionSuffix>
+    <VersionPrefix>1.16.3</VersionPrefix>
+    <VersionSuffix/>
     <!-- This is overidden in test projects by setting to true-->
     <IsTestProject>false</IsTestProject>
     <!-- This is overidden in test projects by setting to true-->
@@ -20,7 +20,7 @@
   <ItemGroup>
     <!-- The target application is the one which will resolve the correct version.
      When the version range is updated to > 8.0.4 in the future, remove the GHSA suppression -->
-    <NuGetAuditSuppress Include="https://github.com/advisories/GHSA-hh2w-p6rv-4g7w" />
-    <NuGetAuditSuppress Include="https://github.com/advisories/GHSA-8g4q-xg66-9fp4" />
+    <NuGetAuditSuppress Include="https://github.com/advisories/GHSA-hh2w-p6rv-4g7w"/>
+    <NuGetAuditSuppress Include="https://github.com/advisories/GHSA-8g4q-xg66-9fp4"/>
   </ItemGroup>
 </Project>
\ No newline at end of file