diff --git a/releasenotes/notes/ironic-api-version-d2b4ec1474918f12.yaml b/releasenotes/notes/ironic-api-version-d2b4ec1474918f12.yaml
new file mode 100644
index 000000000..95dd8e0d1
--- /dev/null
+++ b/releasenotes/notes/ironic-api-version-d2b4ec1474918f12.yaml
@@ -0,0 +1,6 @@
+---
+fixes:
+  - |
+    The default ``OS_BAREMETAL_API_VERSION`` and ``IRONIC_API_VERSION`` in
+    ``overcloudrc`` were bumped to 1.29, which corresponds to Ocata final and
+    allows using all recent features without specifying an explicit version.
diff --git a/tripleo_common/constants.py b/tripleo_common/constants.py
index f00e03680..c40165e69 100644
--- a/tripleo_common/constants.py
+++ b/tripleo_common/constants.py
@@ -101,3 +101,7 @@ PASSWORD_PARAMETER_NAMES = (
 )
 
 PLAN_NAME_PATTERN = '^[a-zA-Z0-9-]+$'
+
+# The default version of the Bare metal API to set in overcloudrc.
+# 1.29 is the latest API version in Ironic Ocata supported by ironicclient.
+DEFAULT_BAREMETAL_API_VERSION = '1.29'
diff --git a/tripleo_common/utils/overcloudrc.py b/tripleo_common/utils/overcloudrc.py
index 64eae529c..27fab64f8 100644
--- a/tripleo_common/utils/overcloudrc.py
+++ b/tripleo_common/utils/overcloudrc.py
@@ -16,6 +16,8 @@ import socket
 
 from six.moves import urllib
 
+from tripleo_common import constants
+
 
 def get_service_ips(stack):
     service_ips = {}
@@ -89,6 +91,8 @@ def create_overcloudrc(stack, no_proxy, admin_password):
         'OS_AUTH_TYPE': 'password',
         'OS_PASSWORD': admin_password,
         'OS_AUTH_URL': overcloud_endpoint,
+        'OS_BAREMETAL_API_VERSION': constants.DEFAULT_BAREMETAL_API_VERSION,
+        'IRONIC_API_VERSION': constants.DEFAULT_BAREMETAL_API_VERSION,
     }
 
     overcloudrc = CLEAR_ENV