diff --git a/.github/ISSUE_TEMPLATE/Bug_report.md b/.github/ISSUE_TEMPLATE/Bug_report.md
index 735bf90b9ba..fe94434490c 100644
--- a/.github/ISSUE_TEMPLATE/Bug_report.md
+++ b/.github/ISSUE_TEMPLATE/Bug_report.md
@@ -16,10 +16,10 @@ Please fill in the *entire* template below.
 -->
 
 <!-- Please try to reproduce the issue with `typescript@next`. It may have already been fixed. -->
-**TypeScript Version:**  3.0.0-dev.201xxxxx
+**TypeScript Version:**  3.1.0-dev.201xxxxx
 
 <!-- Search terms you tried before logging this (so others can find this issue more easily) -->
-**Search Terms:** 
+**Search Terms:**
 
 **Code**
 
@@ -32,6 +32,6 @@ Please fill in the *entire* template below.
 
 **Actual behavior:**
 
-**Playground Link:** <!-- A link to a TypeScript Playground "Share" link which demonstrates this behavior --> 
+**Playground Link:** <!-- A link to a TypeScript Playground "Share" link which demonstrates this behavior -->
 
 **Related Issues:** <!-- Did you find other bugs that looked similar? -->
diff --git a/package.json b/package.json
index af7f0369a67..510d3aab53b 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
     "name": "typescript",
     "author": "Microsoft Corp.",
     "homepage": "http://typescriptlang.org/",
-    "version": "3.0.0",
+    "version": "3.1.0",
     "license": "Apache-2.0",
     "description": "TypeScript is a language for application scale JavaScript development",
     "keywords": [
diff --git a/src/compiler/core.ts b/src/compiler/core.ts
index da72ebe7a37..5ddc706aa22 100644
--- a/src/compiler/core.ts
+++ b/src/compiler/core.ts
@@ -1,7 +1,7 @@
 namespace ts {
     // WARNING: The script `configureNightly.ts` uses a regexp to parse out these values.
     // If changing the text in this section, be sure to test `configureNightly` too.
-    export const versionMajorMinor = "3.0";
+    export const versionMajorMinor = "3.1";
     /** The version of the TypeScript compiler release */
     export const version = `${versionMajorMinor}.0-dev`;
 }
diff --git a/tests/baselines/reference/api/tsserverlibrary.d.ts b/tests/baselines/reference/api/tsserverlibrary.d.ts
index 57deee2ab98..7c61407b7ea 100644
--- a/tests/baselines/reference/api/tsserverlibrary.d.ts
+++ b/tests/baselines/reference/api/tsserverlibrary.d.ts
@@ -14,7 +14,7 @@ and limitations under the License.
 ***************************************************************************** */
 
 declare namespace ts {
-    const versionMajorMinor = "3.0";
+    const versionMajorMinor = "3.1";
     /** The version of the TypeScript compiler release */
     const version: string;
 }
diff --git a/tests/baselines/reference/api/typescript.d.ts b/tests/baselines/reference/api/typescript.d.ts
index 4a792a34763..6f18662035d 100644
--- a/tests/baselines/reference/api/typescript.d.ts
+++ b/tests/baselines/reference/api/typescript.d.ts
@@ -14,7 +14,7 @@ and limitations under the License.
 ***************************************************************************** */
 
 declare namespace ts {
-    const versionMajorMinor = "3.0";
+    const versionMajorMinor = "3.1";
     /** The version of the TypeScript compiler release */
     const version: string;
 }