diff --git a/GIT-VERSION-GEN b/GIT-VERSION-GEN
index 6fcb8fdf3b..c0942f12a3 100755
--- a/GIT-VERSION-GEN
+++ b/GIT-VERSION-GEN
@@ -1,7 +1,7 @@
 #!/bin/sh
 
 GVF=GIT-VERSION-FILE
-DEF_VER=v2.32.0-rc2
+DEF_VER=v2.32.0-rc3
 
 LF='
 '