We analyse the temporal properties of the optical pulse wave that is obtained by applying a set of spectral /2 phase shifts to continuous-wave light that is phase-modulated by a temporal sinusoidal wave. We develop an analytical model to describe this new optical waveform that we name 'besselon'. We also discuss the reduction of sidelobes in the wave intensity profile by means of an additional spectral  phase shift, and show that the resulting pulses can be efficiently time-interleaved. The various predicted properties of the besselon are confirmed by experiments demonstrating the generation of low-duty cycle, high-quality pulses at repetition rates up to 28 GHz.