diff --git a/CHANGELOG.md b/CHANGELOG.md
index db1970aa9328ec43e21088c94a5092a965aef221..a62bbd33b3222034cc4b4cc94f612c5f5c0e334e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,10 @@
+## [3.7.1](https://gitlab.com/to-be-continuous/semantic-release/compare/3.7.0...3.7.1) (2024-1-16)
+
+
+### Bug Fixes
+
+* **gpg:** create base folder if not present ([d69fae2](https://gitlab.com/to-be-continuous/semantic-release/commit/d69fae20f297d6e06333e8faac2c236fb824d37f)), closes [#32](https://gitlab.com/to-be-continuous/semantic-release/issues/32)
+
 # [3.7.0](https://gitlab.com/to-be-continuous/semantic-release/compare/3.6.0...3.7.0) (2023-12-8)
 
 
diff --git a/README.md b/README.md
index b3b3fe58383ff6bc106db41ab8e22b8ce9504d35..5f0657584bff0af4ff351f3c51d7306b59a23df6 100644
--- a/README.md
+++ b/README.md
@@ -16,7 +16,7 @@ In order to include this template in your project, add the following to your `gi
 ```yaml
 include:
   - project: 'to-be-continuous/semantic-release'
-    ref: '3.7.0'
+    ref: '3.7.1'
     file: '/templates/gitlab-ci-semrel.yml'
 ```
 
@@ -218,11 +218,11 @@ With:
 include:
   # main template
   - project: 'to-be-continuous/semantic-release'
-    ref: '3.7.0'
+    ref: '3.7.1'
     file: '/templates/gitlab-ci-semrel.yml'
   # Vault variant
   - project: 'to-be-continuous/semantic-release'
-    ref: '3.7.0'
+    ref: '3.7.1'
     file: '/templates/gitlab-ci-semrel-vault.yml'
 
 variables:
diff --git a/templates/gitlab-ci-semrel-vault.yml b/templates/gitlab-ci-semrel-vault.yml
index 9d4d4c3acec3900ddf692579b642fc7637ec0277..65a860677fe8fec86394edcfddd2f339659cc8e6 100644
--- a/templates/gitlab-ci-semrel-vault.yml
+++ b/templates/gitlab-ci-semrel-vault.yml
@@ -12,7 +12,7 @@ variables:
 .semrel-base:
   services:
     - name: "$TBC_TRACKING_IMAGE"
-      command: ["--service", "semrel", "3.7.0" ]
+      command: ["--service", "semrel", "3.7.1" ]
     - name: "$TBC_VAULT_IMAGE"
       alias: "vault-secrets-provider"
   variables:
diff --git a/templates/gitlab-ci-semrel.yml b/templates/gitlab-ci-semrel.yml
index 310d12556283f3ea86e21d91ca212bff345ed8ae..9b065caae9c55530d6f3c3099ac57c0f1133267a 100644
--- a/templates/gitlab-ci-semrel.yml
+++ b/templates/gitlab-ci-semrel.yml
@@ -611,7 +611,7 @@ stages:
   image: $SEMREL_IMAGE
   services:
     - name: "$TBC_TRACKING_IMAGE"
-      command: ["--service", "semrel", "3.7.0" ]
+      command: ["--service", "semrel", "3.7.1" ]
   before_script:
     - !reference [.semrel-scripts]
     - install_ca_certs "${CUSTOM_CA_CERTS:-$DEFAULT_CA_CERTS}"