diff --git a/README.md b/README.md
index 0b5f7005ba5..e6ee8af6e12 100644
--- a/README.md
+++ b/README.md
@@ -72,24 +72,24 @@ You can also download the PowerShell binary archives for Windows, macOS and Linu
 [lts-centos8]: https://github.com/PowerShell/PowerShell/releases/download/v7.0.3/powershell-lts-7.0.3-1.centos.8.x86_64.rpm
 [lts-macos]: https://github.com/PowerShell/PowerShell/releases/download/v7.0.3/powershell-lts-7.0.3-osx-x64.pkg
 
-[rl-windows-64]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/PowerShell-7.1.0-win-x64.msi
-[rl-windows-86]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/PowerShell-7.1.0-win-x86.msi
-[rl-ubuntu20]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/powershell_7.1.0-1.ubuntu.20.04_amd64.deb
-[rl-ubuntu18]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/powershell_7.1.0-1.ubuntu.18.04_amd64.deb
-[rl-ubuntu16]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/powershell_7.1.0-1.ubuntu.16.04_amd64.deb
-[rl-debian9]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/powershell_7.1.0-1.debian.9_amd64.deb
-[rl-debian10]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/powershell_7.1.0-1.debian.10_amd64.deb
-[rl-debian11]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/powershell_7.1.0-1.debian.11_amd64.deb
-[rl-centos]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/powershell-7.1.0-1.rhel.7.x86_64.rpm
-[rl-centos8]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/powershell-7.1.0-1.centos.8.x86_64.rpm
-[rl-macos]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/powershell-7.1.0-osx-x64.pkg
-[rl-winarm64]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/PowerShell-7.1.0-win-arm64.zip
-[rl-winx86-zip]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/PowerShell-7.1.0-win-x86.zip
-[rl-winx64-zip]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/PowerShell-7.1.0-win-x64.zip
-[rl-macos-tar]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/powershell-7.1.0-osx-x64.tar.gz
-[rl-linux-tar]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/powershell-7.1.0-linux-x64.tar.gz
-[rl-arm32]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/powershell-7.1.0-linux-arm32.tar.gz
-[rl-arm64]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0/powershell-7.1.0-linux-arm64.tar.gz
+[rl-windows-64]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/PowerShell-7.1.1-win-x64.msi
+[rl-windows-86]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/PowerShell-7.1.1-win-x86.msi
+[rl-ubuntu20]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/powershell_7.1.1-1.ubuntu.20.04_amd64.deb
+[rl-ubuntu18]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/powershell_7.1.1-1.ubuntu.18.04_amd64.deb
+[rl-ubuntu16]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/powershell_7.1.1-1.ubuntu.16.04_amd64.deb
+[rl-debian9]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/powershell_7.1.1-1.debian.9_amd64.deb
+[rl-debian10]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/powershell_7.1.1-1.debian.10_amd64.deb
+[rl-debian11]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/powershell_7.1.1-1.debian.11_amd64.deb
+[rl-centos]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/powershell-7.1.1-1.rhel.7.x86_64.rpm
+[rl-centos8]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/powershell-7.1.1-1.centos.8.x86_64.rpm
+[rl-macos]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/powershell-7.1.1-osx-x64.pkg
+[rl-winarm64]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/PowerShell-7.1.1-win-arm64.zip
+[rl-winx86-zip]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/PowerShell-7.1.1-win-x86.zip
+[rl-winx64-zip]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/PowerShell-7.1.1-win-x64.zip
+[rl-macos-tar]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/powershell-7.1.1-osx-x64.tar.gz
+[rl-linux-tar]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/powershell-7.1.1-linux-x64.tar.gz
+[rl-arm32]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/powershell-7.1.1-linux-arm32.tar.gz
+[rl-arm64]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.1/powershell-7.1.1-linux-arm64.tar.gz
 [rl-snap]: https://snapcraft.io/powershell
 
 [pv-windows-64]: https://github.com/PowerShell/PowerShell/releases/download/v7.2.0-preview.2/PowerShell-7.2.0-preview.2-win-x64.msi
diff --git a/tools/metadata.json b/tools/metadata.json
index 2f8279f2934..e147cbc2a46 100644
--- a/tools/metadata.json
+++ b/tools/metadata.json
@@ -1,8 +1,8 @@
 {
-  "StableReleaseTag": "v7.1.0",
+  "StableReleaseTag": "v7.1.1",
   "PreviewReleaseTag": "v7.2.0-preview.2",
   "ServicingReleaseTag": "v7.0.3",
-  "ReleaseTag": "v7.1.0",
+  "ReleaseTag": "v7.1.1",
   "LTSReleaseTag" : ["v7.0.3"],
   "NextReleaseTag": "v7.2.0-preview.3",
   "LTSRelease": false