This paper presents a new first-order temperature compensated CMOS current reference. To achieve a compact architecture able to operate under low voltage with low power consumption, it is based on a self-biasing beta multiplier current generator. Compensation against temperature is achieved by using instead of an ordinary resistor two triode transistors in parallel, acting as a negative and a positive temperature coefficient resistor, that generate a proportional to absolute temperature and a complementary to absolute temperature current which can be directly added to attain a temperature compensated current. Programmability is included to adjust the temperature coefficient and the reference current magnitude over process variations. Results for a 0.18 µm CMOS implementation show that the proposed 500 nA reference operate with supplies down to 1.2 V accomplishing over a (−40 to +120 °C) range temperature drifts below 120 ppm/°C.