diff --git a/.github/policies/milestoneAssignment.prClosed.yml b/.github/policies/milestoneAssignment.prClosed.yml
index 1ec03595d00..ad9aaad2f57 100644
--- a/.github/policies/milestoneAssignment.prClosed.yml
+++ b/.github/policies/milestoneAssignment.prClosed.yml
@@ -16,16 +16,16 @@ configuration:
           branch: main
       then:
       - addMilestone:
-          milestone: 13.2
+          milestone: 13.3
       description: '[Milestone Assignments] Assign Milestone to PRs merged to the `main` branch'
     - if:
       - payloadType: Pull_Request
       - isAction:
           action: Closed
       - targetsBranch:
-          branch: release/13.1
+          branch: release/13.2
       then:
       - removeMilestone
       - addMilestone:
-          milestone: 13.1.1
-      description: '[Milestone Assignments] Assign Milestone to PRs merged to release/13.1 branch'
+          milestone: 13.2
+      description: '[Milestone Assignments] Assign Milestone to PRs merged to release/13.2 branch'
diff --git a/eng/Versions.props b/eng/Versions.props
index a2d25ba628a..84da946872a 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -2,7 +2,7 @@
   <PropertyGroup>
     <!-- This repo version -->
     <MajorVersion>13</MajorVersion>
-    <MinorVersion>2</MinorVersion>
+    <MinorVersion>3</MinorVersion>
     <PatchVersion>0</PatchVersion>
     <VersionPrefix>$(MajorVersion).$(MinorVersion).$(PatchVersion)</VersionPrefix>
     <PreReleaseVersionLabel>preview.1</PreReleaseVersionLabel>