diff --git a/asteroid_filterbanks/__init__.py b/asteroid_filterbanks/__init__.py
index 1d33b0f..0e504d8 100644
--- a/asteroid_filterbanks/__init__.py
+++ b/asteroid_filterbanks/__init__.py
@@ -8,7 +8,7 @@
 from .melgram_fb import MelGramFB
 
 
-__version__ = "0.3.0"
+__version__ = "0.3.1"
 
 
 def make_enc_dec(
diff --git a/setup.py b/setup.py
index e033ec3..0997a77 100644
--- a/setup.py
+++ b/setup.py
@@ -1,6 +1,6 @@
 from setuptools import setup, find_packages
 
-asteroid_version = "0.3.0"
+asteroid_version = "0.3.1"
 
 with open("README.md", encoding="utf-8") as fh:
     long_description = fh.read()