We analyze a delay differential equationmodel for a swept semiconductor laser and demonstrate existence of various periodic solutions that are subharmonically locked to the sweep rate. These solutions provide optical frequency combs in spectral domain. We investigate the problem numerically and show that, due to the translational symmetry of the model, there exists a hysteresis loop formed by branches of steady states solutions, bridges of periodic solutions connecting stable and unstable steady state branches, and isolated branches of limit cycles. We discuss the role of bifurcation points and limit cycles embedded into the loop in the formation of the subharmonic dynamics.