The 2010 winner of the Nobel literature prize will be announced on October 7, the Swedish Academy confirmed Friday, DPA reported.
The announcement rounded out the Nobel week calendar, as other institutions that award prizes for medicine, physics, chemistry, peace and economics had earlier confirmed their dates.
Romanian-born author Herta Mueller of Germany won last year's literature prize.
Those speculated to be possible 2010 winners include perennials like Syrian-born poet Adonis (Ali Ahmad Said Asbar), and US authors Thomas Pynchon, Philip Roth and Joyce Carol Oates.
Swedish poet Tomas Transtromer tops bookmaker Ladbrokes' list of potential winners with 5-to-1 odds. He is followed by a trio at 9 to 1 - Polish author Adam Zagajewski, Adonis and South Korean poet Ko Un.
Paraguay's Nestor Amarilla tops rival bookmaker Unibet's list at 4 to 1, shadowed by Adonis at 6.50 to 1. Roth, Haruki Murakami of Japan and Oates are also among its top five.
Outside choices were a handful of Swedish authors and playwrights.
The Nobel week announcements will begin on Monday with the medicine prize.
The physics prize will follow on Tuesday and the chemistry prize on Wednesday. The peace prize is set to be announced on October 8 in Oslo, Norway.
Each prize, worth 10 million kronor (1.5 million dollars), was endowed by Swedish industrialist and dynamite inventor Alfred Nobel.
The economic sciences prize - a prize not endowed by Nobel and awarded since 1968 - is due to be announced on October 11.
The award ceremonies are traditionally held on December 10 in Stockholm and Oslo, on the anniversary of Nobel's 1896 death in San Remo, Italy.