diff --git a/BUILD b/BUILD
index df67dc2babb..d5e98d6e13b 100644
--- a/BUILD
+++ b/BUILD
@@ -79,7 +79,7 @@ g_stands_for = "giggle"
 
 core_version = "12.0.0"
 
-version = "1.32.0-pre1"
+version = "1.32.0"
 
 GPR_PUBLIC_HDRS = [
     "include/grpc/support/alloc.h",
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 4be6dcb5e47..4655d1e7475 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -25,12 +25,12 @@
 cmake_minimum_required(VERSION 3.5.1)
 
 set(PACKAGE_NAME          "grpc")
-set(PACKAGE_VERSION       "1.32.0-pre1")
+set(PACKAGE_VERSION       "1.32.0")
 set(gRPC_CORE_VERSION     "12.0.0")
 set(gRPC_CORE_SOVERSION   "12")
-set(gRPC_CPP_VERSION      "1.32.0-pre1")
+set(gRPC_CPP_VERSION      "1.32.0")
 set(gRPC_CPP_SOVERSION    "1")
-set(gRPC_CSHARP_VERSION   "2.32.0-pre1")
+set(gRPC_CSHARP_VERSION   "2.32.0")
 set(gRPC_CSHARP_SOVERSION "2")
 set(PACKAGE_STRING        "${PACKAGE_NAME} ${PACKAGE_VERSION}")
 set(PACKAGE_TARNAME       "${PACKAGE_NAME}-${PACKAGE_VERSION}")
diff --git a/Makefile b/Makefile
index 64a5f1bc792..679d7fd292e 100644
--- a/Makefile
+++ b/Makefile
@@ -457,8 +457,8 @@ Q = @
 endif
 
 CORE_VERSION = 12.0.0
-CPP_VERSION = 1.32.0-pre1
-CSHARP_VERSION = 2.32.0-pre1
+CPP_VERSION = 1.32.0
+CSHARP_VERSION = 2.32.0
 
 CPPFLAGS_NO_ARCH += $(addprefix -I, $(INCLUDES)) $(addprefix -D, $(DEFINES))
 CPPFLAGS += $(CPPFLAGS_NO_ARCH) $(ARCH_FLAGS)
diff --git a/build_handwritten.yaml b/build_handwritten.yaml
index 08734c544a2..154371727b5 100644
--- a/build_handwritten.yaml
+++ b/build_handwritten.yaml
@@ -15,7 +15,7 @@ settings:
   core_version: 12.0.0
   csharp_major_version: 2
   g_stands_for: giggle
-  version: 1.32.0-pre1
+  version: 1.32.0
 targets:
 - name: check_epollexclusive
   build: tool
diff --git a/gRPC-C++.podspec b/gRPC-C++.podspec
index 27b00634651..427aa93d530 100644
--- a/gRPC-C++.podspec
+++ b/gRPC-C++.podspec
@@ -22,7 +22,7 @@
 Pod::Spec.new do |s|
   s.name     = 'gRPC-C++'
   # TODO (mxyan): use version that match gRPC version when pod is stabilized
-  version = '1.32.0-pre1'
+  version = '1.32.0'
   s.version  = version
   s.summary  = 'gRPC C++ library'
   s.homepage = 'https://grpc.io'
diff --git a/gRPC-Core.podspec b/gRPC-Core.podspec
index 1d534e3c741..a98b2080ab2 100644
--- a/gRPC-Core.podspec
+++ b/gRPC-Core.podspec
@@ -21,7 +21,7 @@
 
 Pod::Spec.new do |s|
   s.name     = 'gRPC-Core'
-  version = '1.32.0-pre1'
+  version = '1.32.0'
   s.version  = version
   s.summary  = 'Core cross-platform gRPC library, written in C'
   s.homepage = 'https://grpc.io'
diff --git a/gRPC-ProtoRPC.podspec b/gRPC-ProtoRPC.podspec
index 6e120c9bbe4..ba89615eba2 100644
--- a/gRPC-ProtoRPC.podspec
+++ b/gRPC-ProtoRPC.podspec
@@ -21,7 +21,7 @@
 
 Pod::Spec.new do |s|
   s.name     = 'gRPC-ProtoRPC'
-  version = '1.32.0-pre1'
+  version = '1.32.0'
   s.version  = version
   s.summary  = 'RPC library for Protocol Buffers, based on gRPC'
   s.homepage = 'https://grpc.io'
diff --git a/gRPC-RxLibrary.podspec b/gRPC-RxLibrary.podspec
index 2ba25fb274c..15d1467a969 100644
--- a/gRPC-RxLibrary.podspec
+++ b/gRPC-RxLibrary.podspec
@@ -21,7 +21,7 @@
 
 Pod::Spec.new do |s|
   s.name     = 'gRPC-RxLibrary'
-  version = '1.32.0-pre1'
+  version = '1.32.0'
   s.version  = version
   s.summary  = 'Reactive Extensions library for iOS/OSX.'
   s.homepage = 'https://grpc.io'
diff --git a/gRPC.podspec b/gRPC.podspec
index 42ef316f486..8194c385269 100644
--- a/gRPC.podspec
+++ b/gRPC.podspec
@@ -20,7 +20,7 @@
 
 Pod::Spec.new do |s|
   s.name     = 'gRPC'
-  version = '1.32.0-pre1'
+  version = '1.32.0'
   s.version  = version
   s.summary  = 'gRPC client library for iOS/OSX'
   s.homepage = 'https://grpc.io'
diff --git a/package.xml b/package.xml
index 900d879574b..ae181e4b813 100644
--- a/package.xml
+++ b/package.xml
@@ -13,12 +13,12 @@
  <date>2019-09-24</date>
  <time>16:06:07</time>
  <version>
-  <release>1.32.0RC1</release>
-  <api>1.32.0RC1</api>
+  <release>1.32.0</release>
+  <api>1.32.0</api>
  </version>
  <stability>
-  <release>beta</release>
-  <api>beta</api>
+  <release>stable</release>
+  <api>stable</api>
  </stability>
  <license>Apache 2.0</license>
  <notes>
diff --git a/src/cpp/common/version_cc.cc b/src/cpp/common/version_cc.cc
index 2de6a5c1b9f..011eff55bcc 100644
--- a/src/cpp/common/version_cc.cc
+++ b/src/cpp/common/version_cc.cc
@@ -22,5 +22,5 @@
 #include <grpcpp/grpcpp.h>
 
 namespace grpc {
-std::string Version() { return "1.32.0-pre1"; }
+std::string Version() { return "1.32.0"; }
 }  // namespace grpc
diff --git a/src/csharp/Grpc.Core.Api/VersionInfo.cs b/src/csharp/Grpc.Core.Api/VersionInfo.cs
index b385b2c2a2c..8fa21f32700 100644
--- a/src/csharp/Grpc.Core.Api/VersionInfo.cs
+++ b/src/csharp/Grpc.Core.Api/VersionInfo.cs
@@ -38,6 +38,6 @@ namespace Grpc.Core
         /// <summary>
         /// Current version of gRPC C#
         /// </summary>
-        public const string CurrentVersion = "2.32.0-pre1";
+        public const string CurrentVersion = "2.32.0";
     }
 }
diff --git a/src/csharp/build/dependencies.props b/src/csharp/build/dependencies.props
index 043546e372a..a14032fe25c 100644
--- a/src/csharp/build/dependencies.props
+++ b/src/csharp/build/dependencies.props
@@ -1,7 +1,7 @@
 <!-- This file is generated -->
 <Project>
   <PropertyGroup>
-    <GrpcCsharpVersion>2.32.0-pre1</GrpcCsharpVersion>
+    <GrpcCsharpVersion>2.32.0</GrpcCsharpVersion>
     <GoogleProtobufVersion>3.13.0</GoogleProtobufVersion>
   </PropertyGroup>
 </Project>
diff --git a/src/csharp/build_unitypackage.bat b/src/csharp/build_unitypackage.bat
index 318a83014e2..9f207089c41 100644
--- a/src/csharp/build_unitypackage.bat
+++ b/src/csharp/build_unitypackage.bat
@@ -13,7 +13,7 @@
 @rem limitations under the License.
 
 @rem Current package versions
-set VERSION=2.32.0-pre1
+set VERSION=2.32.0
 
 @rem Adjust the location of nuget.exe
 set NUGET=C:\nuget\nuget.exe
diff --git a/src/objective-c/!ProtoCompiler-gRPCCppPlugin.podspec b/src/objective-c/!ProtoCompiler-gRPCCppPlugin.podspec
index 336193376a2..792a2bb064a 100644
--- a/src/objective-c/!ProtoCompiler-gRPCCppPlugin.podspec
+++ b/src/objective-c/!ProtoCompiler-gRPCCppPlugin.podspec
@@ -42,7 +42,7 @@ Pod::Spec.new do |s|
   # exclamation mark ensures that other "regular" pods will be able to find it as it'll be installed
   # before them.
   s.name     = '!ProtoCompiler-gRPCCppPlugin'
-  v = '1.32.0-pre1'
+  v = '1.32.0'
   s.version  = v
   s.summary  = 'The gRPC ProtoC plugin generates C++ files from .proto services.'
   s.description = <<-DESC
diff --git a/src/objective-c/!ProtoCompiler-gRPCPlugin.podspec b/src/objective-c/!ProtoCompiler-gRPCPlugin.podspec
index c66bda0ae0d..cc6f4163928 100644
--- a/src/objective-c/!ProtoCompiler-gRPCPlugin.podspec
+++ b/src/objective-c/!ProtoCompiler-gRPCPlugin.podspec
@@ -42,7 +42,7 @@ Pod::Spec.new do |s|
   # exclamation mark ensures that other "regular" pods will be able to find it as it'll be installed
   # before them.
   s.name     = '!ProtoCompiler-gRPCPlugin'
-  v = '1.32.0-pre1'
+  v = '1.32.0'
   s.version  = v
   s.summary  = 'The gRPC ProtoC plugin generates Objective-C files from .proto services.'
   s.description = <<-DESC
diff --git a/src/objective-c/GRPCClient/version.h b/src/objective-c/GRPCClient/version.h
index 25372353917..f9dfc028fa5 100644
--- a/src/objective-c/GRPCClient/version.h
+++ b/src/objective-c/GRPCClient/version.h
@@ -22,4 +22,4 @@
 // instead. This file can be regenerated from the template by running
 // `tools/buildgen/generate_projects.sh`.
 
-#define GRPC_OBJC_VERSION_STRING @"1.32.0-pre1"
+#define GRPC_OBJC_VERSION_STRING @"1.32.0"
diff --git a/src/objective-c/tests/version.h b/src/objective-c/tests/version.h
index 57276db51b4..f2daae0b9ae 100644
--- a/src/objective-c/tests/version.h
+++ b/src/objective-c/tests/version.h
@@ -22,5 +22,5 @@
 // instead. This file can be regenerated from the template by running
 // `tools/buildgen/generate_projects.sh`.
 
-#define GRPC_OBJC_VERSION_STRING @"1.32.0-pre1"
+#define GRPC_OBJC_VERSION_STRING @"1.32.0"
 #define GRPC_C_VERSION_STRING @"12.0.0"
diff --git a/src/php/ext/grpc/version.h b/src/php/ext/grpc/version.h
index ed75604e17e..49d6a691abe 100644
--- a/src/php/ext/grpc/version.h
+++ b/src/php/ext/grpc/version.h
@@ -20,6 +20,6 @@
 #ifndef VERSION_H
 #define VERSION_H
 
-#define PHP_GRPC_VERSION "1.32.0RC1"
+#define PHP_GRPC_VERSION "1.32.0"
 
 #endif /* VERSION_H */
diff --git a/src/python/grpcio/grpc/_grpcio_metadata.py b/src/python/grpcio/grpc/_grpcio_metadata.py
index b2b551efc9d..4798c17bc22 100644
--- a/src/python/grpcio/grpc/_grpcio_metadata.py
+++ b/src/python/grpcio/grpc/_grpcio_metadata.py
@@ -14,4 +14,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/src/python/grpcio/grpc/_grpcio_metadata.py.template`!!!
 
-__version__ = """1.32.0rc1"""
+__version__ = """1.32.0"""
diff --git a/src/python/grpcio/grpc_version.py b/src/python/grpcio/grpc_version.py
index affabb0aebb..e639d3b1409 100644
--- a/src/python/grpcio/grpc_version.py
+++ b/src/python/grpcio/grpc_version.py
@@ -14,4 +14,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/src/python/grpcio/grpc_version.py.template`!!!
 
-VERSION = '1.32.0rc1'
+VERSION = '1.32.0'
diff --git a/src/python/grpcio_channelz/grpc_version.py b/src/python/grpcio_channelz/grpc_version.py
index 087f3deba25..09532bcf870 100644
--- a/src/python/grpcio_channelz/grpc_version.py
+++ b/src/python/grpcio_channelz/grpc_version.py
@@ -14,4 +14,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/src/python/grpcio_channelz/grpc_version.py.template`!!!
 
-VERSION = '1.32.0rc1'
+VERSION = '1.32.0'
diff --git a/src/python/grpcio_health_checking/grpc_version.py b/src/python/grpcio_health_checking/grpc_version.py
index 76c8da86826..81a13f30d69 100644
--- a/src/python/grpcio_health_checking/grpc_version.py
+++ b/src/python/grpcio_health_checking/grpc_version.py
@@ -14,4 +14,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/src/python/grpcio_health_checking/grpc_version.py.template`!!!
 
-VERSION = '1.32.0rc1'
+VERSION = '1.32.0'
diff --git a/src/python/grpcio_reflection/grpc_version.py b/src/python/grpcio_reflection/grpc_version.py
index b746a012fd5..e0f4fff9761 100644
--- a/src/python/grpcio_reflection/grpc_version.py
+++ b/src/python/grpcio_reflection/grpc_version.py
@@ -14,4 +14,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/src/python/grpcio_reflection/grpc_version.py.template`!!!
 
-VERSION = '1.32.0rc1'
+VERSION = '1.32.0'
diff --git a/src/python/grpcio_status/grpc_version.py b/src/python/grpcio_status/grpc_version.py
index ba8b7800c10..c01e3be70ea 100644
--- a/src/python/grpcio_status/grpc_version.py
+++ b/src/python/grpcio_status/grpc_version.py
@@ -14,4 +14,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/src/python/grpcio_status/grpc_version.py.template`!!!
 
-VERSION = '1.32.0rc1'
+VERSION = '1.32.0'
diff --git a/src/python/grpcio_testing/grpc_version.py b/src/python/grpcio_testing/grpc_version.py
index 497f9785a1c..bcc0b10079a 100644
--- a/src/python/grpcio_testing/grpc_version.py
+++ b/src/python/grpcio_testing/grpc_version.py
@@ -14,4 +14,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/src/python/grpcio_testing/grpc_version.py.template`!!!
 
-VERSION = '1.32.0rc1'
+VERSION = '1.32.0'
diff --git a/src/python/grpcio_tests/grpc_version.py b/src/python/grpcio_tests/grpc_version.py
index 285cbb1cb4a..e3e8b4d4934 100644
--- a/src/python/grpcio_tests/grpc_version.py
+++ b/src/python/grpcio_tests/grpc_version.py
@@ -14,4 +14,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/src/python/grpcio_tests/grpc_version.py.template`!!!
 
-VERSION = '1.32.0rc1'
+VERSION = '1.32.0'
diff --git a/src/ruby/lib/grpc/version.rb b/src/ruby/lib/grpc/version.rb
index 4d1c8b9f207..c2fb23c6811 100644
--- a/src/ruby/lib/grpc/version.rb
+++ b/src/ruby/lib/grpc/version.rb
@@ -14,5 +14,5 @@
 
 # GRPC contains the General RPC module.
 module GRPC
-  VERSION = '1.32.0.pre1'
+  VERSION = '1.32.0'
 end
diff --git a/src/ruby/tools/version.rb b/src/ruby/tools/version.rb
index eb017269aef..78f5f1d7d27 100644
--- a/src/ruby/tools/version.rb
+++ b/src/ruby/tools/version.rb
@@ -14,6 +14,6 @@
 
 module GRPC
   module Tools
-    VERSION = '1.32.0.pre1'
+    VERSION = '1.32.0'
   end
 end
diff --git a/tools/distrib/python/grpc_version.py b/tools/distrib/python/grpc_version.py
index 40b3bc3a16e..66a63e6087b 100644
--- a/tools/distrib/python/grpc_version.py
+++ b/tools/distrib/python/grpc_version.py
@@ -14,4 +14,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/tools/distrib/python/grpcio_tools/grpc_version.py.template`!!!
 
-VERSION = '1.32.0rc1'
+VERSION = '1.32.0'
diff --git a/tools/distrib/python/grpcio_tools/grpc_version.py b/tools/distrib/python/grpcio_tools/grpc_version.py
index c7af2181641..a6bc8aab905 100644
--- a/tools/distrib/python/grpcio_tools/grpc_version.py
+++ b/tools/distrib/python/grpcio_tools/grpc_version.py
@@ -14,4 +14,4 @@
 
 # AUTO-GENERATED FROM `$REPO_ROOT/templates/tools/distrib/python/grpcio_tools/grpc_version.py.template`!!!
 
-VERSION = '1.32.0rc1'
+VERSION = '1.32.0'
diff --git a/tools/doxygen/Doxyfile.c++ b/tools/doxygen/Doxyfile.c++
index 932a63a428a..17db3dbe589 100644
--- a/tools/doxygen/Doxyfile.c++
+++ b/tools/doxygen/Doxyfile.c++
@@ -40,7 +40,7 @@ PROJECT_NAME           = "GRPC C++"
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = 1.32.0-pre1
+PROJECT_NUMBER         = 1.32.0
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a
diff --git a/tools/doxygen/Doxyfile.c++.internal b/tools/doxygen/Doxyfile.c++.internal
index ede96d28677..ac04f3a591f 100644
--- a/tools/doxygen/Doxyfile.c++.internal
+++ b/tools/doxygen/Doxyfile.c++.internal
@@ -40,7 +40,7 @@ PROJECT_NAME           = "GRPC C++"
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = 1.32.0-pre1
+PROJECT_NUMBER         = 1.32.0
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a
diff --git a/tools/doxygen/Doxyfile.objc b/tools/doxygen/Doxyfile.objc
index f214ca26dd1..592cde414ae 100644
--- a/tools/doxygen/Doxyfile.objc
+++ b/tools/doxygen/Doxyfile.objc
@@ -40,7 +40,7 @@ PROJECT_NAME           = "GRPC Objective-C"
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = 1.32.0-pre1
+PROJECT_NUMBER         = 1.32.0
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a
diff --git a/tools/doxygen/Doxyfile.objc.internal b/tools/doxygen/Doxyfile.objc.internal
index 65722db602e..9fbf9db7e13 100644
--- a/tools/doxygen/Doxyfile.objc.internal
+++ b/tools/doxygen/Doxyfile.objc.internal
@@ -40,7 +40,7 @@ PROJECT_NAME           = "GRPC Objective-C"
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = 1.32.0-pre1
+PROJECT_NUMBER         = 1.32.0
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a
diff --git a/tools/doxygen/Doxyfile.php b/tools/doxygen/Doxyfile.php
index aceb3418421..c3fc0539844 100644
--- a/tools/doxygen/Doxyfile.php
+++ b/tools/doxygen/Doxyfile.php
@@ -40,7 +40,7 @@ PROJECT_NAME           = "GRPC PHP"
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = 1.32.0-pre1
+PROJECT_NUMBER         = 1.32.0
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a