Ring oscillator

The circuit comprises a plurality of inverter stages (301, 302, 303) connected in a series loop. Each stage has a voltage input (315, 315', 315") with an associated input capacitance and input threshold voltage, and a current output (316, 316', 316"). An active output circuit regulates the output currents so as to regulate the frequency of oscillation. A single reference circuit (307) can be used by more than one stage. The output circuit can vary the output currents to compensate for variable supply voltages. The oscillator can be used as part of a bias generator in an integrated circuit.