diff --git a/NEWS.rst b/NEWS.rst
index d561ce1c..3944feaa 100644
--- a/NEWS.rst
+++ b/NEWS.rst
@@ -1,3 +1,33 @@
+Libblockdev 3.2.1
+------------------
+
+New bugfix release of the libblockdev library with multiple fixes. See below
+for details.
+
+**Full list of changes**
+
+James Hilliard (1):
+
+- crypto: check that IOC_OPAL_GET_STATUS is defined
+
+Tomas Bzatek (3):
+
+- smart: Clarify use of ID_ATA_SMART_ACCESS udev property
+- smart: Clarify ID_ATA_SMART_ACCESS udev property values
+- nvme: Avoid element-type g-i annotations
+
+Vojtech Trefny (9):
+
+- README: Update supported technologies
+- dist: Fix source URL in spec
+- packit: Fix generating spec from template
+- dist: Sync spec with downstream
+- misc: Fix installing test dependencies on Debian/Ubuntu
+- ci: Do not try to install test dependencies for CodeQL analysis
+- lvm: Clarify the global config functionallity in libblockdev
+- ci: Install 'python3-libdnf5' for TMT test plans
+- Makefile: Fix generating RPM log during bumpver
+
 Libblockdev 3.2.0
 ------------------
 
diff --git a/configure.ac b/configure.ac
index 0089bb7f..eae561bc 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,6 +1,6 @@
 # configure.ac for libblockdev
 
-AC_INIT([libblockdev], [3.2.0], [], [], [https://github.com/storaged-project/libblockdev])
+AC_INIT([libblockdev], [3.2.1], [], [], [https://github.com/storaged-project/libblockdev])
 
 # Disable building static libraries.
 # This needs to be set before initializing automake
diff --git a/dist/libblockdev.spec.in b/dist/libblockdev.spec.in
index 2f9dd6c2..743e1a00 100644
--- a/dist/libblockdev.spec.in
+++ b/dist/libblockdev.spec.in
@@ -85,7 +85,7 @@
 %define configure_opts %{?python3_copts} %{?lvm_dbus_copts} %{?btrfs_copts} %{?crypto_copts} %{?dm_copts} %{?loop_copts} %{?lvm_copts} %{?lvm_dbus_copts} %{?mdraid_copts} %{?mpath_copts} %{?swap_copts} %{?part_copts} %{?fs_copts} %{?nvdimm_copts} %{?tools_copts} %{?gi_copts} %{?nvme_copts} %{?smart_copts} %{?smartmontools_copts}
 
 Name:        libblockdev
-Version:     3.2.0
+Version:     3.2.1
 Release:     1%{?dist}
 Summary:     A library for low-level manipulation with block devices
 License:     LGPL-2.1-or-later
@@ -958,6 +958,21 @@ find %{buildroot} -type f -name "*.la" | xargs %{__rm}
 %files plugins-all
 
 %changelog
+* Thu Nov 07 2024 Vojtech Trefny <vtrefny@redhat.com> - 3.2.1-1
+- Makefile: Fix generating RPM log during bumpver (vtrefny)
+- nvme: Avoid element-type g-i annotations (tbzatek)
+- ci: Install 'python3-libdnf5' for TMT test plans (vtrefny)
+- lvm: Clarify the global config functionallity in libblockdev (vtrefny)
+- smart: Clarify ID_ATA_SMART_ACCESS udev property values (tbzatek)
+- smart: Clarify use of ID_ATA_SMART_ACCESS udev property (tbzatek)
+- ci: Do not try to install test dependencies for CodeQL analysis (vtrefny)
+- misc: Fix installing test dependencies on Debian/Ubuntu (vtrefny)
+- dist: Sync spec with downstream (vtrefny)
+- crypto: check that IOC_OPAL_GET_STATUS is defined (james.hilliard1)
+- packit: Fix generating spec from template (vtrefny)
+- dist: Fix source URL in spec (vtrefny)
+- README: Update supported technologies (vtrefny)
+
 * Tue Sep 10 2024 Vojtech Trefny <vtrefny@redhat.com> - 3.2.0-1
 - ci: Add a simple GH action to run spelling tools on our code (vtrefny)
 - crypto: Fix GType macro for crypto context (vtrefny)