diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8d21dd240..142a6c82d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,7 @@ See VERSIONING (https://github.com/openMF/mifosx/blob/master/VERSIONING.md) for
 Releases
 ===============
 
+1. 16 Jun 2014 - 1.23.1.RELEASE
 1. 15 Jun 2014 - 1.23.0.RELEASE
 1. 30 Apr 2014 - 1.22.0.RELEASE
 1. 30 Mar 2014 - 1.21.0.RELEASE
@@ -64,6 +65,14 @@ Releases
 1. 05 April 2013 - 0.11.1.beta
 1. 05 April 2013 - 0.11.0.beta
 
+1.23.1.RELEASE
+=============
+Bug Release
+
+Bugs
+ - [MIFOSX-1336] - Mifos X Generates Incorrect Repayment Schedules for Loans
+
+
 1.23.0.RELEASE
 =============
 This feature release contains works around adding support for opening fixed deposits from existing savings accounts, transferring interest from fixed deposits to savings Account, accounting improvements for account Transfers, ability to collect "recovery payments" for written off Loans, flexible interest rate charts with the ability to provide incentives based on customer attributes along with a number of bug fixes