Terminal emulation keyboards have native PS/2 connectivity without the aforementioned protocol oddities. Physically, they are the same keyboard, just with different caps and minor controller differences. They are only "emulation" in the sense that emulation software makes use of the extra keys; in a non-emulation environment it's just a PS/2 keyboard with a bunch of extra scan codes for you to map as you see fit.
This is a terminal keyboard (no emulation at all; it plugs into an actual terminal).