Abstract: A substrate bias generating circuit (20) provides a substrate bias voltage to a substrate (50) of an integrated circuit. A voltage-to-current converter circuit (22) provides a constant current proportional to a bandgap generated reference voltage. P-channel transistors (34 and 35) then provide constant current sources for a voltage level sensing circuit (36) based on the bandgap generated reference voltage. The voltage level sensing circuit (36) monitors the level of the substrate bias voltage, and when the substrate bias voltage reaches a predetermined voltage level, provides a first control signal for activating an oscillator (47). A level converter (43) is provided to amplify, or level convert the first control signal for more reliable control of the oscillator. A substrate bias generating circuit (20) provides a precisely controlled substrate bias voltage to the substrate (50) that is independent of process, temperature, and power supply variations.