The total density of states for the three-band Hubbard model of CuO2 p
lanes is calculated including fully self-consistent second-order pertu
rbative corrections to the self-energy at the copper orbitals. We appl
y a configurational mixing approach in a Bethe-lattice formulation to
evaluate these quantum fluctuations in a local approximation. For real
istic values of the model parameters we obtain a destruction of the an
tiferromagnetism at a small dopant hole concentration of 3-5% due to t
he occurrence of a spin disordered state with local moments. The charg
e transfer gap is slightly reduced as compared with the Hartree-Fock r
esults due to the incorporated dynamical effects.