In a current steering D/A converter, a 1LSB current source 1 and a 2LSB current source 2 are binary code current sources for outputting currents with current values weighted by ½, and a 4LSB current source 3 is one of a large number of current sources designed as thermometer code current source with the same structure. In first circuits A1, A2 and A4 for respectively determining constant current values of the current sources 1 through 3, a plurality of MOS transistors with a channel length L3 and a channel width W3 are cascode-connected to one another with gate terminals thereof shared. In second circuits B1, B2 and B4 respectively used for setting high output impedance of the current sources 1 through 3, a plurality of MOS transistors with a channel length L4 and a channel width W4 are cascode-connected to one another with gate terminals thereof shared. Accordingly, the current characteristics of the current sources can be made more uniform while reducing their circuit areas, resulting in improving the linearity of the D/A conversion characteristic.