Return To Zero (RZ) shaping is performed for a first I/Q modulator whose output corresponds to a first polarization component using a first two digital-to-analog convertors (DACs), each of which is sampled at approximately twice a modulation symbol rate or more and has an output with a first interleaving order that interleaves one of a first pair of intended drive signal patterns and zeros. RZ shaping is also performed for a second I/Q modulator whose output corresponds to a second polarization component using a second two DACs, each sampled at approximately twice the modulation symbol rate or more and having a second interleaving order that interleaves zeros and one of a second pair of intended drive signal patterns, the second interleaving order opposite the first interleaving order. The first polarization and the second polarization may be combined, thereby forming an Interleaved Return To Zero (IRZ) Polarization Division Multiplexed (PDM) signal.