diff --git a/CHANGES.rst b/CHANGES.rst
index 60d43c570..9ef5b231b 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -17,8 +17,10 @@ development at the same time, such as 4.5.x and 5.0.
     ..  Version 9.8.1 — 2027-07-27
     ..  --------------------------
 
-Unreleased
-----------
+.. _changes_632:
+
+Version 6.3.2 — 2022-02-20
+--------------------------
 
 - Fix: adapt to pypy3.9's decorator tracing behavior.  It now traces function
   decorators like CPython 3.8: both the @-line and the def-line are traced.
diff --git a/README.rst b/README.rst
index 1421d63a1..54c1eeb4a 100644
--- a/README.rst
+++ b/README.rst
@@ -22,7 +22,7 @@ Coverage.py runs on these versions of Python:
 .. PYVERSIONS
 
 * CPython 3.7 through 3.11.0a4.
-* PyPy3 7.3.7.
+* PyPy3 7.3.8.
 
 Documentation is on `Read the Docs`_.  Code repository and issue tracker are on
 `GitHub`_.
diff --git a/coverage/version.py b/coverage/version.py
index d85e053d2..b6f1e9c8f 100644
--- a/coverage/version.py
+++ b/coverage/version.py
@@ -5,7 +5,7 @@
 # This file is exec'ed in setup.py, don't import anything!
 
 # Same semantics as sys.version_info.
-version_info = (6, 3, 2, "alpha", 0)
+version_info = (6, 3, 2, "final", 0)
 
 
 def _make_version(major, minor, micro, releaselevel, serial):
diff --git a/doc/conf.py b/doc/conf.py
index 2ca989119..a5c1d02b1 100644
--- a/doc/conf.py
+++ b/doc/conf.py
@@ -64,11 +64,11 @@
 # built documents.
 #
 # The short X.Y version.
-version = "6.3.1"                               # CHANGEME
+version = "6.3.2"                               # CHANGEME
 # The full version, including alpha/beta/rc tags.
-release = "6.3.1"                               # CHANGEME
+release = "6.3.2"                               # CHANGEME
 # The date of release, in "monthname day, year" format.
-release_date = "February 1, 2022"               # CHANGEME
+release_date = "February 20, 2022"              # CHANGEME
 
 rst_epilog = """
 .. |release_date| replace:: {release_date}
diff --git a/doc/index.rst b/doc/index.rst
index c7e44debe..7b9c94e26 100644
--- a/doc/index.rst
+++ b/doc/index.rst
@@ -20,12 +20,12 @@ supported on:
 
 * Python versions 3.7 through 3.11.0a4.
 
-* PyPy3 7.3.7.
+* PyPy3 7.3.8.
 
 .. ifconfig:: prerelease
 
     **This is a pre-release build.  The usual warnings about possible bugs
-    apply.** The latest stable version is coverage.py 6.3.1, `described here`_.
+    apply.** The latest stable version is coverage.py 6.3.2, `described here`_.
 
 
 .. _described here: http://coverage.readthedocs.io/
diff --git a/howto.txt b/howto.txt
index 95483a416..a1e2f94e8 100644
--- a/howto.txt
+++ b/howto.txt
@@ -24,6 +24,7 @@
     - Don't forget the man page: doc/python-coverage.1.txt
     - Check that the docs build correctly:
         $ tox -e doc
+- commit the release-prep changes
 - Generate new sample_html to get the latest, incl footer version number:
     $ make clean
     $ pip install -e .