diff --git a/google-cloud-spanner-bom/pom.xml b/google-cloud-spanner-bom/pom.xml
index 71cd891cd65..d3b8613e95a 100644
--- a/google-cloud-spanner-bom/pom.xml
+++ b/google-cloud-spanner-bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-spanner-bom</artifactId>
-  <version>1.48.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
+  <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -64,37 +64,37 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-spanner-admin-instance-v1</artifactId>
-        <version>1.48.0</version><!-- {x-version-update:proto-google-cloud-spanner-admin-instance-v1:current} -->
+        <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-admin-instance-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-spanner-v1</artifactId>
-        <version>1.48.0</version><!-- {x-version-update:grpc-google-cloud-spanner-v1:current} -->
+        <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-spanner-v1</artifactId>
-        <version>1.48.0</version><!-- {x-version-update:proto-google-cloud-spanner-v1:current} -->
+        <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-spanner-admin-database-v1</artifactId>
-        <version>1.48.0</version><!-- {x-version-update:proto-google-cloud-spanner-admin-database-v1:current} -->
+        <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-admin-database-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-spanner</artifactId>
-        <version>1.48.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
+        <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-spanner-admin-instance-v1</artifactId>
-        <version>1.48.0</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-instance-v1:current} -->
+        <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-instance-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-spanner-admin-database-v1</artifactId>
-        <version>1.48.0</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-database-v1:current} -->
+        <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-database-v1:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-spanner/pom.xml b/google-cloud-spanner/pom.xml
index 2dd15d2dd7f..95d059bc12f 100644
--- a/google-cloud-spanner/pom.xml
+++ b/google-cloud-spanner/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-spanner</artifactId>
-  <version>1.48.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
+  <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Spanner</name>
   <url>https://github.com/googleapis/java-spanner</url>
@@ -11,7 +11,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-spanner-parent</artifactId>
-    <version>1.48.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
+    <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-spanner</site.installationModule>
diff --git a/grpc-google-cloud-spanner-admin-database-v1/pom.xml b/grpc-google-cloud-spanner-admin-database-v1/pom.xml
index 556f4030ea6..b8688a312ee 100644
--- a/grpc-google-cloud-spanner-admin-database-v1/pom.xml
+++ b/grpc-google-cloud-spanner-admin-database-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-spanner-admin-database-v1</artifactId>
-  <version>1.48.0</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-database-v1:current} -->
+  <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-database-v1:current} -->
   <name>grpc-google-cloud-spanner-admin-database-v1</name>
   <description>GRPC library for grpc-google-cloud-spanner-admin-database-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-spanner-parent</artifactId>
-    <version>1.48.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
+    <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/grpc-google-cloud-spanner-admin-instance-v1/pom.xml b/grpc-google-cloud-spanner-admin-instance-v1/pom.xml
index dbd185da466..5f7d967d95b 100644
--- a/grpc-google-cloud-spanner-admin-instance-v1/pom.xml
+++ b/grpc-google-cloud-spanner-admin-instance-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-spanner-admin-instance-v1</artifactId>
-  <version>1.48.0</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-instance-v1:current} -->
+  <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-instance-v1:current} -->
   <name>grpc-google-cloud-spanner-admin-instance-v1</name>
   <description>GRPC library for grpc-google-cloud-spanner-admin-instance-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-spanner-parent</artifactId>
-    <version>1.48.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
+    <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/grpc-google-cloud-spanner-v1/pom.xml b/grpc-google-cloud-spanner-v1/pom.xml
index 4487f88f61c..bb3861f49da 100644
--- a/grpc-google-cloud-spanner-v1/pom.xml
+++ b/grpc-google-cloud-spanner-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-spanner-v1</artifactId>
-  <version>1.48.0</version><!-- {x-version-update:grpc-google-cloud-spanner-v1:current} -->
+  <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-v1:current} -->
   <name>grpc-google-cloud-spanner-v1</name>
   <description>GRPC library for grpc-google-cloud-spanner-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-spanner-parent</artifactId>
-    <version>1.48.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
+    <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index 084d5f5710c..7db7a81982b 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-spanner-parent</artifactId>
   <packaging>pom</packaging>
-  <version>1.48.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
+  <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
   <name>Google Cloud Spanner Parent</name>
   <url>https://github.com/googleapis/java-spanner</url>
   <description>
@@ -82,37 +82,37 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-spanner-admin-instance-v1</artifactId>
-        <version>1.48.0</version><!-- {x-version-update:proto-google-cloud-spanner-admin-instance-v1:current} -->
+        <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-admin-instance-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-spanner-v1</artifactId>
-        <version>1.48.0</version><!-- {x-version-update:proto-google-cloud-spanner-v1:current} -->
+        <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-spanner-admin-database-v1</artifactId>
-        <version>1.48.0</version><!-- {x-version-update:proto-google-cloud-spanner-admin-database-v1:current} -->
+        <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-admin-database-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-spanner-v1</artifactId>
-        <version>1.48.0</version><!-- {x-version-update:grpc-google-cloud-spanner-v1:current} -->
+        <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-spanner-admin-instance-v1</artifactId>
-        <version>1.48.0</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-instance-v1:current} -->
+        <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-instance-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-spanner-admin-database-v1</artifactId>
-        <version>1.48.0</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-database-v1:current} -->
+        <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-database-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-spanner</artifactId>
-        <version>1.48.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
+        <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
       </dependency>
 
       <dependency>
diff --git a/proto-google-cloud-spanner-admin-database-v1/pom.xml b/proto-google-cloud-spanner-admin-database-v1/pom.xml
index f0f3a3682de..adde99a6c23 100644
--- a/proto-google-cloud-spanner-admin-database-v1/pom.xml
+++ b/proto-google-cloud-spanner-admin-database-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-spanner-admin-database-v1</artifactId>
-  <version>1.48.0</version><!-- {x-version-update:proto-google-cloud-spanner-admin-database-v1:current} -->
+  <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-admin-database-v1:current} -->
   <name>proto-google-cloud-spanner-admin-database-v1</name>
   <description>PROTO library for proto-google-cloud-spanner-admin-database-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-spanner-parent</artifactId>
-    <version>1.48.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
+    <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/proto-google-cloud-spanner-admin-instance-v1/pom.xml b/proto-google-cloud-spanner-admin-instance-v1/pom.xml
index 5deec3a8ade..5dec0f395be 100644
--- a/proto-google-cloud-spanner-admin-instance-v1/pom.xml
+++ b/proto-google-cloud-spanner-admin-instance-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-spanner-admin-instance-v1</artifactId>
-  <version>1.48.0</version><!-- {x-version-update:proto-google-cloud-spanner-admin-instance-v1:current} -->
+  <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-admin-instance-v1:current} -->
   <name>proto-google-cloud-spanner-admin-instance-v1</name>
   <description>PROTO library for proto-google-cloud-spanner-admin-instance-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-spanner-parent</artifactId>
-    <version>1.48.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
+    <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/proto-google-cloud-spanner-v1/pom.xml b/proto-google-cloud-spanner-v1/pom.xml
index dfd30ae795d..e858d22abc1 100644
--- a/proto-google-cloud-spanner-v1/pom.xml
+++ b/proto-google-cloud-spanner-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-spanner-v1</artifactId>
-  <version>1.48.0</version><!-- {x-version-update:proto-google-cloud-spanner-v1:current} -->
+  <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-v1:current} -->
   <name>proto-google-cloud-spanner-v1</name>
   <description>PROTO library for proto-google-cloud-spanner-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-spanner-parent</artifactId>
-    <version>1.48.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
+    <version>1.48.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/versions.txt b/versions.txt
index 557528ca9b5..1474fd43ab5 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,10 +1,10 @@
 # Format:
 # module:released-version:current-version
 
-proto-google-cloud-spanner-admin-instance-v1:1.48.0:1.48.0
-proto-google-cloud-spanner-v1:1.48.0:1.48.0
-proto-google-cloud-spanner-admin-database-v1:1.48.0:1.48.0
-grpc-google-cloud-spanner-v1:1.48.0:1.48.0
-grpc-google-cloud-spanner-admin-instance-v1:1.48.0:1.48.0
-grpc-google-cloud-spanner-admin-database-v1:1.48.0:1.48.0
-google-cloud-spanner:1.48.0:1.48.0
\ No newline at end of file
+proto-google-cloud-spanner-admin-instance-v1:1.48.0:1.48.1-SNAPSHOT
+proto-google-cloud-spanner-v1:1.48.0:1.48.1-SNAPSHOT
+proto-google-cloud-spanner-admin-database-v1:1.48.0:1.48.1-SNAPSHOT
+grpc-google-cloud-spanner-v1:1.48.0:1.48.1-SNAPSHOT
+grpc-google-cloud-spanner-admin-instance-v1:1.48.0:1.48.1-SNAPSHOT
+grpc-google-cloud-spanner-admin-database-v1:1.48.0:1.48.1-SNAPSHOT
+google-cloud-spanner:1.48.0:1.48.1-SNAPSHOT
\ No newline at end of file