diff --git a/docs/releases/3.2.3.txt b/docs/releases/3.2.3.txt
new file mode 100644
index 0000000000..9b1d9521d1
--- /dev/null
+++ b/docs/releases/3.2.3.txt
@@ -0,0 +1,12 @@
+==========================
+Django 3.2.3 release notes
+==========================
+
+*Expected June 1, 2021*
+
+Django 3.2.3 fixes several bugs in 3.2.2.
+
+Bugfixes
+========
+
+* ...
diff --git a/docs/releases/index.txt b/docs/releases/index.txt
index 86e50dd3ff..529ad689f9 100644
--- a/docs/releases/index.txt
+++ b/docs/releases/index.txt
@@ -25,6 +25,7 @@ versions of the documentation contain the release notes for any later releases.
 .. toctree::
    :maxdepth: 1
 
+   3.2.3
    3.2.2
    3.2.1
    3.2