A loan contract in which two villagers, mutually guaranteeing each other, acknowledge borrowing 1,000 silver drachmas from Herakleios also called Aspidas, a former gymnasiarch of Herakleopolis, at 1% monthly interest. They promise repayment in Thoth of Commodus' 32nd year, with full right of execution against either debtor and their property.
In English machine translation
[…], whose mother is Glaphyra, and […]
[Panebd]ys (?), whose mother is Aria, the two of us from the village of […]reus, each surety for the other for payment, acknowledge that we have received as a loan
[from] Herakleios also called Aspidas, former gymnasiarch, son of Kollouthos, former gymnasiarch, of Herakleopolis, of silver
[of imperial] coinage, a principal of 1,000 drachmas, total 1,000 drachmas, at interest of one drachma
[on each] mina per month,
[which we will also] repay to you in the coming month
[Thoth of the] coming thirty-second
[year of Aur]elius Commodus Antoninus
[Caesar] the lord, without delay, the
[right of execution] being yours and your agents' against
[both of us] or against either one of us, or
[against whichever] you choose to proceed against,
[and against] all our property of every kind, as if by legal judgment.
[The loan contract], witnessed by six, is valid.
[…] I wrote on their behalf, since they do not know letters.
The interest of one drachma per mina per month equals 12% a year, the standard rate. A 'six-witness' contract was a formal type of agreement attested by six witnesses.
Working translation of the DDbDP edition, made with Claude Opus 5.5 from the edition and the catalogue records shown below (catalogued as Loan). It has not been reviewed by a papyrologist: check the edition before citing. Restorations follow the edition; […] marks lost text and (?) an uncertain reading.