diff --git a/cmd/prb/CHANGELOG.md b/cmd/prb/CHANGELOG.md
index b782d8d1e..0e85f0a69 100644
--- a/cmd/prb/CHANGELOG.md
+++ b/cmd/prb/CHANGELOG.md
@@ -4,6 +4,12 @@ All notable changes to the `prb` CLI will be documented in this file.
 
 ## Unreleased
 
+## [0.200.0] - 2026-07-20
+
+### Changed
+
+- Renamed the risk overview's "Inherent" label to "Initial" in command help text, for consistency with the console
+
 ## [0.199.0] - 2026-07-02
 
 ### Added
diff --git a/cmd/prb/VERSION b/cmd/prb/VERSION
index e734857eb..b792bc27c 100644
--- a/cmd/prb/VERSION
+++ b/cmd/prb/VERSION
@@ -1 +1 @@
-0.199.0
+0.200.0