diff --git a/ChangeLog.d/issue4093.txt b/ChangeLog.d/issue4093.txt
new file mode 100644
index 000000000..f6985cfd4
--- /dev/null
+++ b/ChangeLog.d/issue4093.txt
@@ -0,0 +1,6 @@
+Security
+   * Fix an errorneous estimation for an internal buffer in
+     mbedtls_pk_write_key_pem(). If MBEDTLS_MPI_MAX_SIZE is set to an odd
+     value the function might fail to write a private RSA keys of the largest
+     supported size.
+     Found by Daniel Otte, reported in #4093 and fixed in #4094.
diff --git a/library/pkwrite.c b/library/pkwrite.c
index 0da369818..566153dd9 100644
--- a/library/pkwrite.c
+++ b/library/pkwrite.c
@@ -487,7 +487,7 @@ int mbedtls_pk_write_key_der( mbedtls_pk_context *key, unsigned char *buf, size_
  *      publicExponent    INTEGER   -- e            1 + 3 + MPI_MAX + 1
  *  }
  */
-#define RSA_PUB_DER_MAX_BYTES   38 + 2 * MBEDTLS_MPI_MAX_SIZE
+#define RSA_PUB_DER_MAX_BYTES   ( 38 + 2 * MBEDTLS_MPI_MAX_SIZE )
 
 /*
  * RSA private keys:
@@ -504,10 +504,10 @@ int mbedtls_pk_write_key_der( mbedtls_pk_context *key, unsigned char *buf, size_
  *      otherPrimeInfos   OtherPrimeInfos OPTIONAL  0 (not supported)
  *  }
  */
-#define MPI_MAX_SIZE_2          MBEDTLS_MPI_MAX_SIZE / 2 + \
-                                MBEDTLS_MPI_MAX_SIZE % 2
-#define RSA_PRV_DER_MAX_BYTES   47 + 3 * MBEDTLS_MPI_MAX_SIZE \
-                                   + 5 * MPI_MAX_SIZE_2
+#define MPI_MAX_SIZE_2          ( MBEDTLS_MPI_MAX_SIZE / 2 + \
+                                  MBEDTLS_MPI_MAX_SIZE % 2 )
+#define RSA_PRV_DER_MAX_BYTES   ( 47 + 3 * MBEDTLS_MPI_MAX_SIZE \
+                                   + 5 * MPI_MAX_SIZE_2 )
 
 #else /* MBEDTLS_RSA_C */
 
@@ -528,7 +528,7 @@ int mbedtls_pk_write_key_der( mbedtls_pk_context *key, unsigned char *buf, size_
  *                                            + 2 * ECP_MAX (coords)    [1]
  *  }
  */
-#define ECP_PUB_DER_MAX_BYTES   30 + 2 * MBEDTLS_ECP_MAX_BYTES
+#define ECP_PUB_DER_MAX_BYTES   ( 30 + 2 * MBEDTLS_ECP_MAX_BYTES )
 
 /*
  * EC private keys:
@@ -539,7 +539,7 @@ int mbedtls_pk_write_key_der( mbedtls_pk_context *key, unsigned char *buf, size_
  *      publicKey  [1] BIT STRING OPTIONAL      1 + 2 + [1] above
  *    }
  */
-#define ECP_PRV_DER_MAX_BYTES   29 + 3 * MBEDTLS_ECP_MAX_BYTES
+#define ECP_PRV_DER_MAX_BYTES   ( 29 + 3 * MBEDTLS_ECP_MAX_BYTES )
 
 #else /* MBEDTLS_ECP_C */
 
@@ -548,10 +548,10 @@ int mbedtls_pk_write_key_der( mbedtls_pk_context *key, unsigned char *buf, size_
 
 #endif /* MBEDTLS_ECP_C */
 
-#define PUB_DER_MAX_BYTES   RSA_PUB_DER_MAX_BYTES > ECP_PUB_DER_MAX_BYTES ? \
-                            RSA_PUB_DER_MAX_BYTES : ECP_PUB_DER_MAX_BYTES
-#define PRV_DER_MAX_BYTES   RSA_PRV_DER_MAX_BYTES > ECP_PRV_DER_MAX_BYTES ? \
-                            RSA_PRV_DER_MAX_BYTES : ECP_PRV_DER_MAX_BYTES
+#define PUB_DER_MAX_BYTES   ( RSA_PUB_DER_MAX_BYTES > ECP_PUB_DER_MAX_BYTES ? \
+                              RSA_PUB_DER_MAX_BYTES : ECP_PUB_DER_MAX_BYTES )
+#define PRV_DER_MAX_BYTES   ( RSA_PRV_DER_MAX_BYTES > ECP_PRV_DER_MAX_BYTES ? \
+                              RSA_PRV_DER_MAX_BYTES : ECP_PRV_DER_MAX_BYTES )
 
 int mbedtls_pk_write_pubkey_pem( mbedtls_pk_context *key, unsigned char *buf, size_t size )
 {