Exegesis:
eipen de autois ‘he said to them,’ i.e. in reply to the request of v. 1 (cf. New English Bible). The answer is given to all disciples (autois), since the request included them all (hēmas).
Pater ‘Father,’ Greek rendering of the Aramaic Abba (cf. Mk. 14.36). It belongs to the language of every day life, and introduces a hitherto unknown element of tenderness into the language of prayer.
hagiasthētō to onoma sou ‘your name be treated, or, acknowledged, as holy,’ or ‘venerated.’ to onoma sou ‘your name’ means ‘you as you have revealed yourself,’ i.e. God in his revelation. The clause is an expression of adoration. hagiazō.
elthetō hē basileia sou ‘your kingdom come.’ For basileia cf. on 4.43 and reference there. The coming of the kingdom of God is the eschatological consummation and inauguration of the Messianic age. Hence Schonfield renders, “Let thy Kingdom be inaugurated”.
Translation:
Father, i.e. ‘our (exclus. pronoun) Father.’ The noun may have to be rendered by an honorific term; the case is comparable to that mentioned in the note on 6.36.
Hallowed be thy name. The optative mood may be expressed by a modal verbal form or particle, or by an introductory phrase such as, ‘we pray/beg (you that)’ (Toraja-Sa’dan). The implied agent is people in general. To hallow, or, ‘to acknowledge/revere/honour as holy’ (for which adjective see references on 1.15); for name see on 1.49.
Thy kingdom come, or, ‘become visible’ (Tae’ 1933), ‘prevail’ (Toraja-Sa’dan); or, ‘let the day come that you rule’ (San Miguel El Grande Mixtec).
Quoted with permission from Reiling, J. and Swellengrebel, J.L. A Handbook on the Gospel of Luke. (UBS Handbook Series). New York: UBS, 1971. For this and other handbooks for translators see here . Make sure to also consult the Handbook on the Gospel of Mark for parallel or similar verses.

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