diff --git a/README.md b/README.md
index 64678d264..42a77dd16 100644
--- a/README.md
+++ b/README.md
@@ -131,4 +131,4 @@ is provided by code that been generated from a model of the service.
 
 This library is licensed under the [Apache 2.0 License](./documents/LICENSE).
 
-Latest released version: v1.32.3
+Latest released version: v1.32.5
diff --git a/VERSION b/VERSION
index 00b225209..949ff3202 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.32.3
+1.32.5