After the short-term support release Ubuntu 15.10, the next long-term support release Ubuntu 16.04 has been opened for development. The release that is named "Xenial Xerus" has received initials packages. The final release of Ubuntu 16.04 is expected to come out in 30, April, 2016.
Ubuntu release cycle is pretty simple. There are two releases, short-term support and long-term support. The long-term support release comes after two years. LTS releases are announced with the support of five years so users can switch from one LTS to another LTS before their support of five years ends.
When Will Ubuntu 16.04LTS "Xenial Xerus" Final Release Be Available ?
Ubuntu 16.04 LTS development has been started and the final release is scheduled to release on 30, April, 2016. There will be five more testing releases each month till the final release.
We will have to wait long for the final release but we hope there be something very interesting in Xenial Xerus.