Abstract: An apparatus for generating an intermediate voltage having a value between a positive voltage supply value and a negative supply value. The apparatus has low power dissipation and is dynamically stable over a range of external supply voltages. The apparatus comprises a voltage comparator having first and second input terminals and a control signal output terminal. A reference voltage generator is coupled to the positive voltage supply and generates a reference voltage which is coupled to the first input terminal of the comparator. A device having a zener characteristic is coupled to the positive voltage supply and generates a voltage which is coupled to the second input terminal of the comparator. A current source is coupled to the negative voltage supply and generates a current which is coupled to a terminal, to form the intermediate voltage, and is also coupled to the device to determine the voltage generated thereby.