diff --git a/elements/undercloud-install/os-apply-config/root/stackrc b/elements/undercloud-install/os-apply-config/root/stackrc
index 663c756e9..64dcc2416 100644
--- a/elements/undercloud-install/os-apply-config/root/stackrc
+++ b/elements/undercloud-install/os-apply-config/root/stackrc
@@ -19,12 +19,15 @@ export OS_AUTH_URL
 OS_USERNAME=admin
 OS_TENANT_NAME=admin
 COMPUTE_API_VERSION=1.1
-OS_BAREMETAL_API_VERSION=1.15
+# 1.29 is the latest API version in Ironic Ocata supported by ironicclient
+IRONIC_API_VERSION=1.29
+OS_BAREMETAL_API_VERSION=$IRONIC_API_VERSION
 OS_NO_CACHE=True
 OS_CLOUDNAME=undercloud
 export OS_USERNAME
 export OS_TENANT_NAME
 export COMPUTE_API_VERSION
+export IRONIC_API_VERSION
 export OS_BAREMETAL_API_VERSION
 export OS_NO_CACHE
 export OS_CLOUDNAME
diff --git a/releasenotes/notes/ironic-api-version-d2b4ec1474918f12.yaml b/releasenotes/notes/ironic-api-version-d2b4ec1474918f12.yaml
new file mode 100644
index 000000000..b7245b19f
--- /dev/null
+++ b/releasenotes/notes/ironic-api-version-d2b4ec1474918f12.yaml
@@ -0,0 +1,10 @@
+---
+fixes:
+  - |
+    The default ``IRONIC_API_VERSION`` in ``stackrc`` is now set to the same
+    value as ``OS_BAREMETAL_API_VERSION`` for consistency between two clients.
+other:
+  - |
+    The default ``OS_BAREMETAL_API_VERSION`` in ``stackrc`` was bumped to 1.29,
+    which corresponds to Ocata final and allows using all recent features
+    without specifying and explicit version.