diff --git a/README.md b/README.md
index 533ac11810..a27f4e22de 100644
--- a/README.md
+++ b/README.md
@@ -31,15 +31,15 @@ repositories {
 }
 
 dependencies {
-    compile "io.projectreactor:reactor-core:3.5.10"
-    testCompile "io.projectreactor:reactor-test:3.5.10"
+    compile "io.projectreactor:reactor-core:3.5.11"
+    testCompile "io.projectreactor:reactor-test:3.5.11"
 
     // Alternatively, use the following for latest snapshot artifacts in this line
-    // compile "io.projectreactor:reactor-core:3.5.11-SNAPSHOT"
-    // testCompile "io.projectreactor:reactor-test:3.5.11-SNAPSHOT"
+    // compile "io.projectreactor:reactor-core:3.5.12-SNAPSHOT"
+    // testCompile "io.projectreactor:reactor-test:3.5.12-SNAPSHOT"
 
     // Optionally, use `reactor-tools` to help debugging reactor code
-    // implementation "io.projectreactor:reactor-tools:3.5.10"
+    // implementation "io.projectreactor:reactor-tools:3.5.11"
 }
 ```
 
diff --git a/gradle.properties b/gradle.properties
index f80d25a9de..f9a378b262 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,3 +1,3 @@
-version=3.5.11-SNAPSHOT
-bomVersion=2022.0.11
-metricsMicrometerVersion=1.0.11-SNAPSHOT
+version=3.5.11
+bomVersion=2022.0.12
+metricsMicrometerVersion=1.0.11
diff --git a/gradle/libs.versions.toml b/gradle/libs.versions.toml
index de455fcd2c..7ce8cdbe83 100644
--- a/gradle/libs.versions.toml
+++ b/gradle/libs.versions.toml
@@ -14,10 +14,10 @@ baselinePerfExtra = "3.5.1"
 # Other shared versions
 asciidoctor = "3.3.2"
 #note that some micrometer artifacts like context-propagation has a different version directly set in libraries below
-micrometer = "1.10.11"
+micrometer = "1.10.12"
 micrometerDocsGenerator = "1.0.2"
-micrometerTracingTest="1.0.10"
-contextPropagation="1.0.5"
+micrometerTracingTest="1.0.11"
+contextPropagation="1.0.6"
 kotlin = "1.5.32"
 reactiveStreams = "1.0.4"
 
diff --git a/settings.gradle b/settings.gradle
index 9d6b531ee1..c078c6d8ad 100644
--- a/settings.gradle
+++ b/settings.gradle
@@ -28,10 +28,10 @@ dependencyResolutionManagement {
   versionCatalogs {
 	libs {
 	  if (System.getProperty("useSnapshotMicrometerVersion")) {
-		version('micrometer', '1.10.12-SNAPSHOT')
+		version('micrometer', '1.10.13-SNAPSHOT')
 		version('micrometerDocsGenerator', "1.0.3-SNAPSHOT")
-		version('micrometerTracingTest', "1.0.11-SNAPSHOT")
-		version('contextPropagation', "1.0.6-SNAPSHOT")
+		version('micrometerTracingTest', "1.0.12-SNAPSHOT")
+		version('contextPropagation', "1.0.7-SNAPSHOT")
 	  }
 	}
   }