Fragmentary contract for an interest-free loan of 160 silver drachmas made by Sostratos to a soldier of Zoilos' troop, repayable within ten days of demand, with interest charged for late payment and a penalty of half again in case of default. It is dated to year 23 of Ptolemy II, in the month Loios (263 BC), and was drawn up at Phebichis in the Koite toparchy.
In English machine translation
In the reign of Ptolemy son of Ptolemy and of his son Ptolemy, in the twenty-third year, when Kineas son of Alketas was priest of Alexander and of the Sibling Gods, and [...] daughter of Polemokrates was kanephoros of Arsinoe Philadelphos, in the month Loios,
[...] at Phebichis in the Koite (toparchy). Sostratos lent to Ni[...]aios, of the troops of Zoilos, [...] without interest, together with the contract which is being sealed, 160 silver drachmas. As interest, at the rate of 2 drachmas per mina each month for the time beyond the term, let him pay each month; and let Theu[...] repay this loan to Sostratos within 10 days from whenever Sostratos gives notice; and if he does not repay, let him pay one and a half times the amount, and let Sostratos have the right of execution upon the property of Theu[...], [...] exacting payment according to the ordinance [...]
[...]
The borrower's name is incompletely preserved (Ni[...]aios, later Theu[...]), so these may reflect different restorations of the same person. Interest of 2 drachmas per mina per month (24% a year) applies only after the agreed term.
Working translation of the DDbDP edition, made with Claude Opus 5.5 from the edition and the catalogue records shown below (catalogued as Loan of Money). It has not been reviewed by a papyrologist: check the edition before citing. Restorations follow the edition; […] marks lost text and (?) an uncertain reading.