diff --git a/.gitignore b/.gitignore
index 1e06fde..e62a216 100644
--- a/.gitignore
+++ b/.gitignore
@@ -85,3 +85,4 @@ fonttools-2.3.tar.gz
 /fonttools-4.14.0.tar.gz
 /fonttools-4.15.0.tar.gz
 /fonttools-4.16.0.tar.gz
+/fonttools-4.16.1.tar.gz
diff --git a/fonttools.spec b/fonttools.spec
index e0be460..0b648c5 100644
--- a/fonttools.spec
+++ b/fonttools.spec
@@ -6,7 +6,7 @@ from an XML text format, which is also called TTX. It supports TrueType, \
 OpenType, AFM and to an extent Type 1 and some Mac-specific formats.
 
 Name:           fonttools
-Version:        4.16.0
+Version:        4.16.1
 Release:        1%{?dist}
 Summary:        Tools to manipulate font files
 License:        MIT
@@ -80,6 +80,9 @@ PYTHONPATH=%{buildroot}%{python3_sitelib} %{python3} -m pytest --ignore Tests/mi
 %{python3_sitelib}/%{name}-%{version}-py3.?.egg-info
 
 %changelog
+* Sun Oct 18 16:32:27 IST 2020 Parag Nemade <pnemade AT redhat DOT com> - 4.16.1-1
+- Update to 4.16.1 version (#1885448)
+
 * Thu Oct  1 08:45:20 IST 2020 Parag Nemade <pnemade AT redhat DOT com> - 4.16.0-1
 - Update to 4.16.0 version (#1884087)
 
diff --git a/sources b/sources
index 409a88f..0da9677 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (fonttools-4.16.0.tar.gz) = baac94c8b8b96fc71eb60c4b90eb13158859525bf88846bd874c30539b492a56b0669ac275d866e3c6bbb8a838889b4b2d1e5bb4f2a4c13f0d85bfea29ea52da
+SHA512 (fonttools-4.16.1.tar.gz) = bdd2cfcdc7aaf58b03e48e5853a93ab3566c7be87d85e60ee7a8b3480a4407b5950695c797daae0f9defbe093e6b0d44a1ea81fe4b23531f6c2804c975777e8d