diff --git a/pyproject.toml b/pyproject.toml
index 12b1b6540..eaa750164 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -128,7 +128,7 @@ target-version = [
 ]
 
 [tool.bumpversion]
-current_version = "0.50.0-dev.0"
+current_version = "0.50.0"
 commit = true
 commit_args = "--no-verify"
 tag = false
diff --git a/xclim/__init__.py b/xclim/__init__.py
index 1d31f3685..c36d17c15 100644
--- a/xclim/__init__.py
+++ b/xclim/__init__.py
@@ -13,7 +13,7 @@
 
 __author__ = """Travis Logan"""
 __email__ = "logan.travis@ouranos.ca"
-__version__ = "0.50.0-dev.0"
+__version__ = "0.50.0"
 
 
 with _resources.as_file(_resources.files("xclim.data")) as _module_data: