diff --git a/version b/version
index c08b9fd5..fa657bae 100644
--- a/version
+++ b/version
@@ -1,5 +1,5 @@
 
 # Copyright (C) NGINX, Inc.
 
-NXT_VERSION=1.31.0
-NXT_VERNUM=13100
+NXT_VERSION=1.32.0
+NXT_VERNUM=13200