diff --git a/CHANGELOG.md b/CHANGELOG.md
index a0c9a7637f..169f3a8771 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,4 @@
-## UNRELEASED
+## 1.8.6 (November 19, 2020)
 
 SECURITY:
 
diff --git a/version/version.go b/version/version.go
index c29ce0b103..df6fa2d565 100644
--- a/version/version.go
+++ b/version/version.go
@@ -14,7 +14,7 @@ var (
 	//
 	// Version must conform to the format expected by github.com/hashicorp/go-version
 	// for tests to work.
-	Version = "1.8.5"
+	Version = "1.8.6"
 
 	// A pre-release marker for the version. If this is "" (empty string)
 	// then it means that it is a final release. Otherwise, this is a pre-release
diff --git a/website/data/version.js b/website/data/version.js
index 0b6cf2015f..efb583d84e 100644
--- a/website/data/version.js
+++ b/website/data/version.js
@@ -1 +1 @@
-export default '1.8.5'
+export default '1.8.6'