diff --git a/NEWS.md b/NEWS.md
index 2fc8543cf..f0a966b89 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,5 +1,10 @@
 # Virtual Machine Manager News
 
+## Release 3.2.0 (November 14, 2020)
+- Slim down filesystem device editor UI
+- Fix TOCTTOU virt-install bugs (Martin Pitt)
+- Several other bug fixes
+
 ## Release 3.1.0 (September 30, 2020)
 - Return to using qcow2 sparse by default with libvirt 5.0.0+
 - Make VM window shortcuts less likely to conflict with guest usage
diff --git a/data/virt-manager.appdata.xml.in b/data/virt-manager.appdata.xml.in
index 46de2abb3..b6a3e51ae 100644
--- a/data/virt-manager.appdata.xml.in
+++ b/data/virt-manager.appdata.xml.in
@@ -41,6 +41,7 @@
   </keywords>
   <content_rating type="oars-1.1"/>
   <releases>
+    <release version="3.2.0" date="2020-11-14"/>
     <release version="3.1.0" date="2020-09-30"/>
     <release version="3.0.0" date="2020-09-15"/>
     <release version="2.2.1" date="2019-07-03"/>
diff --git a/virt-manager.spec b/virt-manager.spec
index 959ed08c9..b7de520e1 100644
--- a/virt-manager.spec
+++ b/virt-manager.spec
@@ -7,7 +7,7 @@
 # End local config
 
 Name: virt-manager
-Version: 3.1.0
+Version: 3.2.0
 Release: 1%{?dist}
 %global verrel %{version}-%{release}
 
diff --git a/virtinst/buildconfig.py b/virtinst/buildconfig.py
index d4f9e15fb..23825e9b8 100644
--- a/virtinst/buildconfig.py
+++ b/virtinst/buildconfig.py
@@ -45,7 +45,7 @@ def _get_param(name, default):  # pragma: no cover
         return default
 
 
-__version__ = "3.1.0"
+__version__ = "3.2.0"
 
 
 class _BuildConfig(object):