diff --git a/etc/kayobe/cephadm.yml b/etc/kayobe/cephadm.yml
index c9e0990ee..fa633ab47 100644
--- a/etc/kayobe/cephadm.yml
+++ b/etc/kayobe/cephadm.yml
@@ -12,7 +12,7 @@ cephadm_ceph_release: "{{ 'squid' if os_release == 'noble' else 'reef' }}"
 cephadm_image: "{{ stackhpc_docker_registry if stackhpc_sync_ceph_images | bool else 'quay.io' }}/ceph/ceph:{{ cephadm_image_tag }}"
 
 # Ceph container image tag.
-cephadm_image_tag: "{{ 'v19.2.1' if cephadm_ceph_release == 'squid' else 'v18.2.4' }}"
+cephadm_image_tag: "{{ 'v19.2.1' if cephadm_ceph_release == 'squid' else 'v18.2.7' }}"
 
 # Ceph custom repo workaround for Ubuntu as there are no official ceph repos for Ubuntu Jammy and Noble.
 cephadm_custom_repos: "{{ ansible_facts['distribution'] == 'Ubuntu' }}"
diff --git a/releasenotes/notes/ceph-reef-18.2.7-9d8d3ad3a1ea517b.yaml b/releasenotes/notes/ceph-reef-18.2.7-9d8d3ad3a1ea517b.yaml
new file mode 100644
index 000000000..8f7efe343
--- /dev/null
+++ b/releasenotes/notes/ceph-reef-18.2.7-9d8d3ad3a1ea517b.yaml
@@ -0,0 +1,4 @@
+---
+upgrade:
+  - |
+    Bumps the default Ceph Reef container image to ``v18.2.7``.