diff --git a/CHANGELOG.md b/CHANGELOG.md
index 34f72e6701..da50afe42b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,10 @@
+### v0.86.3
+###### CloudFormation Specifications
+- Update CloudFormation specs to `169.0.0` (pull #[3135](https://github.com/aws-cloudformation/cfn-lint/pull/3135))
+- Support `db2-ae` and `db2-se` RDS engines for `AWS::RDS::DBInstance.Engine` (pull #[3139](https://github.com/aws-cloudformation/cfn-lint/pull/3139))
+###### Fixes
+- Safely get `readOnlyProperties` (pull #[3141](https://github.com/aws-cloudformation/cfn-lint/pull/3141))
+
 ### v0.86.2
 ###### CloudFormation Specifications
 - Update CloudFormation specs to `168.0.0` (pull #[3127](https://github.com/aws-cloudformation/cfn-lint/pull/3127))
diff --git a/README.md b/README.md
index 82f54bff17..910c92dff3 100644
--- a/README.md
+++ b/README.md
@@ -324,7 +324,7 @@ If you'd like cfn-lint to be run automatically when making changes to files in y
 ```yaml
 repos:
 - repo: https://github.com/aws-cloudformation/cfn-lint
-  rev: v0.86.2  # The version of cfn-lint to use
+  rev: v0.86.3  # The version of cfn-lint to use
   hooks:
     - id: cfn-lint
       files: path/to/cfn/dir/.*\.(json|yml|yaml)$
@@ -334,7 +334,7 @@ If you are using a `.cfnlintrc` and specifying the `templates` or `ignore_templa
 ```yaml
 repos:
 - repo: https://github.com/aws-cloudformation/cfn-lint
-  rev: v0.86.2  # The version of cfn-lint to use
+  rev: v0.86.3  # The version of cfn-lint to use
   hooks:
     - id: cfn-lint-rc
 ```
diff --git a/src/cfnlint/version.py b/src/cfnlint/version.py
index 07d35b7ef9..754f7ef149 100644
--- a/src/cfnlint/version.py
+++ b/src/cfnlint/version.py
@@ -3,4 +3,4 @@
 SPDX-License-Identifier: MIT-0
 """
 
-__version__ = "0.86.2"
+__version__ = "0.86.3"