diff --git a/sdk/servicebus/azure-servicebus/CHANGELOG.md b/sdk/servicebus/azure-servicebus/CHANGELOG.md
index 9d8ff61e2fbfd..a37af5f6a13a1 100644
--- a/sdk/servicebus/azure-servicebus/CHANGELOG.md
+++ b/sdk/servicebus/azure-servicebus/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 7.3.2 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 7.3.1 (2021-07-07)
 
 ### Fixed
diff --git a/sdk/servicebus/azure-servicebus/azure/servicebus/_version.py b/sdk/servicebus/azure-servicebus/azure/servicebus/_version.py
index 7efc5dfb5363d..1f5b74d30eb11 100644
--- a/sdk/servicebus/azure-servicebus/azure/servicebus/_version.py
+++ b/sdk/servicebus/azure-servicebus/azure/servicebus/_version.py
@@ -3,4 +3,4 @@
 # Licensed under the MIT License.
 # ------------------------------------
 
-VERSION = "7.3.1"
+VERSION = "7.3.2"