diff --git a/README.md b/README.md
index f45bb5e700..54bfaa3b3e 100644
--- a/README.md
+++ b/README.md
@@ -33,15 +33,15 @@ repositories {
 }
 
 dependencies {
-    compile "io.projectreactor:reactor-core:3.4.39"
-    testCompile "io.projectreactor:reactor-test:3.4.39"
+    compile "io.projectreactor:reactor-core:3.4.40"
+    testCompile "io.projectreactor:reactor-test:3.4.40"
 
     // Alternatively, use the following for latest snapshot artifacts in this line
-    // compile "io.projectreactor:reactor-core:3.4.40-SNAPSHOT"
-    // testCompile "io.projectreactor:reactor-test:3.4.40-SNAPSHOT"
+    // compile "io.projectreactor:reactor-core:3.4.41-SNAPSHOT"
+    // testCompile "io.projectreactor:reactor-test:3.4.41-SNAPSHOT"
 
     // Optionally, use `reactor-tools` to help debugging reactor code
-    // implementation "io.projectreactor:reactor-tools:3.4.39"
+    // implementation "io.projectreactor:reactor-tools:3.4.40"
 }
 ```
 
diff --git a/gradle.properties b/gradle.properties
index 73976c4572..1aa90a056b 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,4 +1,4 @@
-version=3.4.40-SNAPSHOT
-bomVersion=2020.0.45
+version=3.4.40
+bomVersion=2020.0.46
 
 org.gradle.parallel=true