diff --git a/py/repositories.bzl b/py/repositories.bzl
index c33076ea..f7eac788 100644
--- a/py/repositories.bzl
+++ b/py/repositories.bzl
@@ -24,10 +24,10 @@ def rules_py_dependencies():
     # The minimal version of bazel_skylib we require
     http_archive(
         name = "bazel_skylib",
-        sha256 = "c6966ec828da198c5d9adbaa94c05e3a1c7f21bd012a0b29ba8ddbccb2c93b0d",
+        sha256 = "f7be3474d42aae265405a592bb7da8e171919d74c16f082a5457840f06054728",
         urls = [
-            "https://github.com/bazelbuild/bazel-skylib/releases/download/1.1.1/bazel-skylib-1.1.1.tar.gz",
-            "https://mirror.bazel.build/github.com/bazelbuild/bazel-skylib/releases/download/1.1.1/bazel-skylib-1.1.1.tar.gz",
+            "https://github.com/bazelbuild/bazel-skylib/releases/download/1.2.1/bazel-skylib-1.2.1.tar.gz",
+            "https://mirror.bazel.build/github.com/bazelbuild/bazel-skylib/releases/download/1.2.1/bazel-skylib-1.2.1.tar.gz",
         ],
     )