diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8c98e20ffc..72637521f3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,13 @@
 # Changelog
 
+## [2.8.7](https://github.com/googleapis/java-core/compare/v2.8.6...v2.8.7) (2022-08-03)
+
+
+### Dependencies
+
+* update dependency com.google.auth:google-auth-library-bom to v1.9.0 ([#894](https://github.com/googleapis/java-core/issues/894)) ([82aaa16](https://github.com/googleapis/java-core/commit/82aaa16cd9813984a0c92d944eb1ad956759a8e5))
+* update dependency io.grpc:grpc-bom to v1.48.1 ([#891](https://github.com/googleapis/java-core/issues/891)) ([0b0f9b8](https://github.com/googleapis/java-core/commit/0b0f9b89757b801e8334c764644d7b66032d36d1))
+
 ## [2.8.6](https://github.com/googleapis/java-core/compare/v2.8.5...v2.8.6) (2022-08-02)
 
 
diff --git a/google-cloud-core-bom/pom.xml b/google-cloud-core-bom/pom.xml
index b6d2149b9a..16f6aba66a 100644
--- a/google-cloud-core-bom/pom.xml
+++ b/google-cloud-core-bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-core-bom</artifactId>
-  <version>2.8.6</version><!-- {x-version-update:google-cloud-core:current} -->
+  <version>2.8.7</version><!-- {x-version-update:google-cloud-core:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -63,17 +63,17 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-core</artifactId>
-        <version>2.8.6</version><!-- {x-version-update:google-cloud-core:current} -->
+        <version>2.8.7</version><!-- {x-version-update:google-cloud-core:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-core-grpc</artifactId>
-        <version>2.8.6</version><!-- {x-version-update:google-cloud-core:current} -->
+        <version>2.8.7</version><!-- {x-version-update:google-cloud-core:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-core-http</artifactId>
-        <version>2.8.6</version><!-- {x-version-update:google-cloud-core:current} -->
+        <version>2.8.7</version><!-- {x-version-update:google-cloud-core:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-core-grpc/pom.xml b/google-cloud-core-grpc/pom.xml
index 231cdb3319..9f9392761b 100644
--- a/google-cloud-core-grpc/pom.xml
+++ b/google-cloud-core-grpc/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-core-grpc</artifactId>
-  <version>2.8.6</version><!-- {x-version-update:google-cloud-core:current} -->
+  <version>2.8.7</version><!-- {x-version-update:google-cloud-core:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Core gRPC</name>
   <url>https://github.com/googleapis/java-core</url>
@@ -13,7 +13,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-core-parent</artifactId>
-    <version>2.8.6</version><!-- {x-version-update:google-cloud-core:current} -->
+    <version>2.8.7</version><!-- {x-version-update:google-cloud-core:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-core-grpc</site.installationModule>
diff --git a/google-cloud-core-http/pom.xml b/google-cloud-core-http/pom.xml
index 682360184e..48cc1e64aa 100644
--- a/google-cloud-core-http/pom.xml
+++ b/google-cloud-core-http/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-core-http</artifactId>
-  <version>2.8.6</version><!-- {x-version-update:google-cloud-core:current} -->
+  <version>2.8.7</version><!-- {x-version-update:google-cloud-core:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Core HTTP</name>
   <url>https://github.com/googleapis/java-core</url>
@@ -13,7 +13,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-core-parent</artifactId>
-    <version>2.8.6</version><!-- {x-version-update:google-cloud-core:current} -->
+    <version>2.8.7</version><!-- {x-version-update:google-cloud-core:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-core-http</site.installationModule>
diff --git a/google-cloud-core/pom.xml b/google-cloud-core/pom.xml
index 0ead5b6e78..ac567395e5 100644
--- a/google-cloud-core/pom.xml
+++ b/google-cloud-core/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-core</artifactId>
-  <version>2.8.6</version><!-- {x-version-update:google-cloud-core:current} -->
+  <version>2.8.7</version><!-- {x-version-update:google-cloud-core:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Core</name>
   <url>https://github.com/googleapis/java-core</url>
@@ -13,7 +13,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-core-parent</artifactId>
-    <version>2.8.6</version><!-- {x-version-update:google-cloud-core:current} -->
+    <version>2.8.7</version><!-- {x-version-update:google-cloud-core:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-core</site.installationModule>
diff --git a/pom.xml b/pom.xml
index 2f49b239f6..b101ff4926 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-core-parent</artifactId>
   <packaging>pom</packaging>
-  <version>2.8.6</version><!-- {x-version-update:google-cloud-core:current} -->
+  <version>2.8.7</version><!-- {x-version-update:google-cloud-core:current} -->
   <name>Google Cloud Core Parent</name>
   <url>https://github.com/googleapis/java-core</url>
   <description>
@@ -155,10 +155,10 @@
     <google.api-common.version>2.2.1</google.api-common.version>
     <google.common-protos.version>2.9.2</google.common-protos.version>
     <google.iam.version>1.5.2</google.iam.version>
-    <google.auth.version>1.8.1</google.auth.version>
+    <google.auth.version>1.9.0</google.auth.version>
     <google.api.version>2.0.0</google.api.version>
     <google.http.version>1.42.2</google.http.version>
-    <grpc.version>1.48.0</grpc.version>
+    <grpc.version>1.48.1</grpc.version>
     <protobuf.version>3.21.4</protobuf.version>
     <opencensus.version>0.31.1</opencensus.version>
     <annotations-api.version>1.3.2</annotations-api.version>
@@ -168,7 +168,7 @@
     <easymock.version>4.3</easymock.version>
     <findbugs.version>3.0.2</findbugs.version>
     <threetenbp.version>1.6.0</threetenbp.version>
-    <objenesis.version>3.2</objenesis.version>
+    <objenesis.version>3.3</objenesis.version>
     <errorprone.version>2.14.0</errorprone.version>
     <gson.version>2.9.1</gson.version>
   </properties>
diff --git a/versions.txt b/versions.txt
index 4e90ceeb38..b80082454b 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,4 +1,4 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-core:2.8.6:2.8.6
+google-cloud-core:2.8.7:2.8.7