diff --git a/packages/release/internal/release/release_step_replace.go b/packages/release/internal/release/release_step_replace.go
index 5ed8151..898eba8 100644
--- a/packages/release/internal/release/release_step_replace.go
+++ b/packages/release/internal/release/release_step_replace.go
@@ -33,8 +33,9 @@ func translateReplacementBackrefs(raw string) string {
 
 	for i := 0; i < len(raw); i++ {
 		if raw[i] == '\\' && i+1 < len(raw) && raw[i+1] >= '1' && raw[i+1] <= '9' {
-			b.WriteByte('$')
+			b.WriteString("${")
 			b.WriteByte(raw[i+1])
+			b.WriteByte('}')
 			i++
 			continue
 		}
diff --git a/packages/release/internal/release/release_step_replace_test.go b/packages/release/internal/release/release_step_replace_test.go
new file mode 100644
index 0000000..004e5f2
--- /dev/null
+++ b/packages/release/internal/release/release_step_replace_test.go
@@ -0,0 +1,13 @@
+package release
+
+import "testing"
+
+func TestTranslateReplacementBackrefsWrapsCaptureNumbers(t *testing.T) {
+	t.Parallel()
+
+	got := translateReplacementBackrefs(`\1git+https://example.test/ref\2`)
+	want := `${1}git+https://example.test/ref${2}`
+	if got != want {
+		t.Fatalf("translateReplacementBackrefs() = %q, want %q", got, want)
+	}
+}