diff --git a/RELEASE-NOTES b/RELEASE-NOTES
index 01191e954..e12a43d1c 100644
--- a/RELEASE-NOTES
+++ b/RELEASE-NOTES
@@ -1,3 +1,8 @@
+# Release 2.3.2
+ * minor bugfixes
+ * updated ledger plugin
+ * sort inputs/outputs lexicographically (BIP-LI01)
+
 # Release 2.3.1
  * patch a bug with payment requests
 
diff --git a/lib/version.py b/lib/version.py
index a866af67b..398fa23de 100644
--- a/lib/version.py
+++ b/lib/version.py
@@ -1,4 +1,4 @@
-ELECTRUM_VERSION = "2.3.1"  # version of the client package
+ELECTRUM_VERSION = "2.3.2"  # version of the client package
 PROTOCOL_VERSION = '0.9'    # protocol version requested
 NEW_SEED_VERSION = 11       # electrum versions >= 2.0
 OLD_SEED_VERSION = 4        # electrum versions < 2.0